The Fair Share Report
37 Noranda 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 $260,000 – $330,000, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,232 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 $290,000 home should be assessed near $153,555.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $33,855 below what the ratio math suggests (22.0%).
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 $2.381 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
30%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 |
|---|---|---|---|---|
| 134 PULASKI BLVD | 2026-03 | $230,000 | 1,232 | 54.6% |
| 12 SANTO DOMINGO DR | 2025-11 | $390,000 | 1,232 | 30.7% |
| 93 PARADISE BLVD | 2025-02 | $270,000 | 1,232 | 63.1% |
| 22 MERRILEE LN | 2025-01 | $280,000 | 1,232 | 53.8% |
| 6 SPEIGHSTOWN PL | 2026-06 | $295,000 | 1,232 | 40.2% |
| 115 SAN CARLOS ST | 2026-05 | $360,000 | 1,232 | 46.7% |
| 73 SAN CARLOS ST | 2026-05 | $330,000 | 1,232 | 36.5% |
| 24 SANTIAGO DR WEST | 2026-03 | $267,000 | 1,232 | 46.1% |
| 18 CAMROSE ST | 2026-01 | $230,000 | 1,232 | 51.6% |
| 20 PARADISE BLVD | 2026-01 | $290,000 | 1,232 | 42.3% |
| 127 SAN CARLOS ST | 2026-01 | $260,000 | 1,232 | 46.4% |
| 201 FREEPORT BLVD | 2025-11 | $319,900 | 1,232 | 38.7% |
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