The Fair Share Report
384 Bayview Ave
Berkeley, NJ 07730
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 $269,095 – $629,069, 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 $296,567 home should be assessed near $157,032.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $187,568 above what the ratio math suggests (119.4%).
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%134%
A touch high — worth watching
This home's ratio sits above most of Berkeley, but doesn't clear NJ's legal appeal line (60.89%).
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| OCEAN & 22ND AVE | 2025-01 | $915,000 | 1,263 | 57.5% |
| 91 WINDJAMMER CT | 2025-08 | $650,000 | 1,320 | 53.5% |
| 72 STORM JIB CT | 2025-07 | $595,000 | 1,320 | 65.9% |
| 52 ORLANDO BLVD | 2025-12 | $255,000 | 1,292 | 48.7% |
| 390 BAYVIEW AVE | 2026-06 | $700,390 | 1,320 | 50.0% |
| 23 LONGDENVILLE ST | 2026-05 | $271,000 | 1,232 | 42.2% |
| 2 SAN CARLOS CT | 2025-09 | $285,000 | 1,232 | 44.5% |
| 40 LUMSDEN ST | 2025-07 | $300,000 | 1,232 | 40.1% |
| 1 COBORCA WAY | 2025-03 | $260,000 | 1,232 | 64.7% |
| 193 ORLANDO BLVD | 2025-06 | $334,500 | 1,328 | 37.1% |
| 1 SOUTH POINT CT | 2025-01 | $355,000 | 1,328 | 43.1% |
| 12 OAKFIELD RD | 2025-10 | $281,000 | 1,318 | 42.7% |
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