The Fair Share Report
34 Layton Ave
Berkeley, NJ 08741
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 $290,496 – $379,231, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,392 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 $312,308 home should be assessed near $165,367.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $47,133 above what the ratio math suggests (28.5%).
Step 4 · The tax rate — same for every Berkeley home
$1.213 Schools · 47% $0.582 County · 22% $0.795 Town · 31%
Step 5 · The bill
This home vs. every recent Berkeley sale · assessed ÷ market
30%79%
A touch high — worth watching
This home's ratio sits above most of Berkeley, but doesn't clear NJ's legal appeal line (60.89%).
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% |
| 87 RONALD AVE SOUTH | 2025-06 | $624,000 | 1,284 | 51.8% |
| 82 SPINNAKER CT | 2025-11 | $735,000 | 1,401 | 50.6% |
| 26 NOSTRAND DR | 2026-05 | $285,000 | 1,404 | 52.3% |
| 41 NOSTRAND DR | 2026-05 | $305,000 | 1,404 | 50.5% |
| 266 WESTBROOK DR | 2025-11 | $315,000 | 1,404 | 47.8% |
| 7 BEAVERBROOK DR | 2025-09 | $339,500 | 1,404 | 43.5% |
| 4 NORWAY RD | 2025-07 | $349,000 | 1,404 | 38.5% |
| 34 WESTPORT DR | 2025-07 | $290,000 | 1,404 | 60.5% |
| 119 CASTLETON DR | 2025-05 | $293,000 | 1,404 | 41.6% |
| 27 FAIRFIELD RD | 2025-04 | $363,000 | 1,404 | 34.3% |
| 14 CORTLANDT DR | 2025-03 | $382,500 | 1,404 | 39.0% |
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