The Fair Share Report
37 Symphony Ave
Berkeley, NJ 08721
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 $367,835 – $433,257, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,557 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 $412,804 home should be assessed near $218,580.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $22,180 below what the ratio math suggests (10.1%).
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%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 |
|---|---|---|---|---|
| 88 PORTSMOUTH DR | 2025-01 | $365,000 | 1,545 | 50.9% |
| 143 SYLVAN LAKE BLVD | 2025-10 | $392,000 | 1,557 | 48.1% |
| 93 SANDPIPER DR | 2025-03 | $450,000 | 1,516 | 43.8% |
| 60 CANTERBURY LN | 2025-08 | $385,000 | 1,509 | 48.4% |
| 1 SOPHIA CT | 2025-08 | $390,000 | 1,545 | 38.9% |
| 14 PRADO CT | 2025-12 | $330,000 | 1,545 | 45.5% |
| 32 LAMBERT WAY | 2025-02 | $345,000 | 1,615 | 53.9% |
| 11 NAUTICAL CT | 2025-12 | $415,000 | 1,557 | 46.6% |
| 20 SHERIDAN RD | 2025-04 | $370,000 | 1,595 | 43.6% |
| 69 PORTSMOUTH DR | 2026-02 | $424,000 | 1,545 | 43.1% |
| 1 CARDIGAN DR | 2025-07 | $445,000 | 1,615 | 42.0% |
| 30 CARMACKS WAY | 2025-06 | $490,000 | 1,509 | 31.8% |
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