The Fair Share Report
320 Sunset Dr S
Berkeley, NJ 08751
The town corrects for market drift once a year — but only on average. This report measures whether this house drifted with the herd or away from it.
This home's full record →Check another house →
Step 1 · Market value
Likely range $296,261 – $390,688, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,410 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Berkeley assessments sit below market value — republished every October, applied town-wide. A $316,346 home should be assessed near $167,505.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $138,095 above what the ratio math suggests (82.4%).
Step 4 · The tax rate — same for every Berkeley home
$1.213 Schools · 47% $0.582 County · 22% $0.795 Town · 31%
This home's own bill implies $2.508 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Berkeley sale · assessed ÷ market
30%109%
Looks meaningfully over-assessed
Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (60.89%) — roughly $3,577/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 18 ANCHORAGE BLVD | 2026-06 | $270,000 | 1,422 | 74.0% |
| 50 OAKFIELD RD | 2026-01 | $295,000 | 1,404 | 43.9% |
| 156 CASTLETON DR | 2025-12 | $200,000 | 1,404 | 62.0% |
| 41 WEDGEPORT DR | 2026-03 | $475,000 | 1,440 | 48.3% |
| 43 FREEPORT CT | 2025-09 | $370,000 | 1,440 | 36.8% |
| 208 PULASKI BLVD | 2025-08 | $399,000 | 1,440 | 49.0% |
| 103 ORLANDO BLVD | 2025-03 | $307,000 | 1,440 | 47.1% |
| 20 NORANDA ST | 2025-02 | $327,000 | 1,440 | 40.0% |
| 37 BROOKFIELD CT | 2025-12 | $422,500 | 1,404 | 29.6% |
| 119 EDGEWATER CT | 2026-04 | $315,000 | 1,404 | 48.3% |
| 14 EDGEWATER DR | 2025-10 | $350,000 | 1,404 | 43.6% |
| 42 PULASKI BLVD | 2025-07 | $298,800 | 1,440 | 46.4% |
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