The Fair Share Report
348 Roberts Ave
Berkeley, NJ 08753
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 $514,724 – $916,630, 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 $740,030 home should be assessed near $391,846.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $395,354 above what the ratio math suggests (100.9%).
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%158%
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 $10,240/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 26 SWINDON CT | 2025-05 | $478,000 | 2,198 | 45.7% |
| 51 AMHERST DR | 2025-08 | $950,000 | 2,400 | 56.2% |
| 13 SKIMMER LANE | 2026-03 | $490,000 | 2,004 | 53.1% |
| 14 OSPREY LANE | 2025-07 | $540,000 | 2,004 | 55.3% |
| 6 OSPREY LANE | 2025-06 | $520,000 | 2,004 | 49.6% |
| 1 OSPREY LANE | 2025-04 | $660,000 | 2,004 | 45.2% |
| 361 EASTERN BLVD | 2025-05 | $620,000 | 2,574 | 56.5% |
| 281 EVERGREEN DR | 2026-04 | $1,200,000 | 2,237 | 47.1% |
| 7 ALBATROSS PT | 2026-03 | $820,000 | 2,277 | 47.9% |
| 142 BUTLER BLVD | 2025-04 | $555,000 | 2,408 | 43.4% |
| 267 CYPRESS DR | 2025-08 | $1,151,500 | 2,418 | 48.4% |
| 1533 BAY VIEW AVE | 2025-11 | $1,365,000 | 2,436 | 42.4% |
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