The Fair Share Report
34 Pine Valley Dr
Berkeley, NJ 08757
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 $265,324 – $338,786, from 12 comparable Berkeley sales in the past 18 months (home size estimated from assessor data — range widened).
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 $297,389 home should be assessed near $157,467.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $69,967 below what the ratio math suggests (44.4%).
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
20%68%
Keep quiet and enjoy it
This home's assessment ratio sits below the Berkeley pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 125 RODHOS ST | 2026-04 | $270,000 | 1,034 | 40.1% |
| 3 BASSET CT | 2025-01 | $290,000 | 1,031 | 34.3% |
| 18 CABRILLO BLVD | 2026-04 | $325,000 | 1,034 | 48.2% |
| 81 PUERTO VALLARTA ST | 2025-08 | $269,000 | 1,034 | 40.9% |
| 7 BONAIRE DR | 2025-09 | $250,000 | 1,034 | 40.4% |
| 7 VENEZIA ST | 2025-07 | $330,000 | 1,057 | 48.6% |
| 6 BIMINI DR | 2026-04 | $343,000 | 1,034 | 30.1% |
| 11 PALMETTO PT ST | 2026-05 | $325,000 | 1,034 | 32.3% |
| 45 BONAIRE DR | 2025-09 | $332,091 | 1,034 | 30.6% |
| 88 WESTBROOK DR | 2025-04 | $285,000 | 1,031 | 47.8% |
| 61 YARDARM CT | 2026-03 | $800,000 | 1,085 | 43.6% |
| 66 WINDJAMMER CT | 2025-10 | $530,000 | 1,085 | 65.0% |
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