The Fair Share Report
37 Fifteenth St
Berkeley, NJ 07009
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 $216,336 – $732,663, 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 $348,160 home should be assessed near $184,351.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $83,551 below what the ratio math suggests (45.3%).
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
8%68%
Paying about right
This home's ratio lands inside Berkeley's normal band. The drift hasn't singled it out — no case for a tax appeal.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 82 FOURTH AVE | 2025-04 | $410,000 | 960 | 32.8% |
| 82 FOURTH AVE | 2025-01 | $349,900 | 960 | 38.4% |
| 19 FIRST LANE | 2025-11 | $730,000 | 720 | 48.7% |
| 90 PUFFIN GLADE | 2026-05 | $249,900 | 923 | 48.0% |
| 73 PUFFIN GLADE | 2025-01 | $245,000 | 928 | 64.0% |
| 76 PUFFIN GLADE | 2025-08 | $245,000 | 940 | 64.4% |
| 51 GOOD LUCK DRIVE | 2026-04 | $940,000 | 1,056 | 25.5% |
| 17 KILLINGTON RD | 2025-04 | $330,000 | 1,095 | 59.2% |
| 88 PUFFIN GLADE | 2026-05 | $245,000 | 928 | 42.9% |
| 100 SUNSET DR NORTH #11 | 2025-02 | $510,000 | 950 | 36.7% |
| 103 TWENTY-THIRD AVE #3 | 2025-08 | $594,000 | 796 | 53.0% |
| 31 FIRST LANE | 2026-05 | $733,000 | 723 | 36.9% |
Is this your house?
Run your own report →