The Fair Share Report
36 Grenada St
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 $255,454 – $309,550, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,126 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 $273,486 home should be assessed near $144,811.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $50,511 below what the ratio math suggests (34.9%).
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 $2.325 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
25%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 |
|---|---|---|---|---|
| 97 FT DE FRANCE AVE | 2025-10 | $305,000 | 1,124 | 53.2% |
| 51 BARBADOS DR SOUTH | 2025-05 | $260,000 | 1,124 | 53.2% |
| 77 GUADELOUPE DR | 2025-03 | $313,000 | 1,124 | 48.6% |
| 496 ST THOMAS DR | 2026-06 | $273,000 | 1,124 | 40.5% |
| 41 ST DAVID DR | 2026-03 | $220,000 | 1,124 | 48.3% |
| 5 LE LAMENTIN DR | 2026-03 | $220,000 | 1,124 | 51.9% |
| 160 CHARLOTTEVILLE DR S | 2025-12 | $309,000 | 1,124 | 37.9% |
| 85 BARBADOS DR SOUTH | 2025-09 | $343,000 | 1,124 | 32.6% |
| 477 ST THOMAS DR | 2025-08 | $220,000 | 1,124 | 51.0% |
| 471 ST THOMAS DR | 2025-07 | $309,900 | 1,124 | 34.3% |
| 319 ST THOMAS DR | 2025-03 | $265,000 | 1,124 | 39.5% |
| 6 BARBUDA ST | 2025-09 | $255,000 | 1,124 | 43.0% |
Is this your house?
Run your own report →