The Fair Share Report
384 Roberts Ave
Berkeley, NJ 07032
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 $242,820 – $399,000, 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 $295,030 home should be assessed near $156,218.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $366,482 above what the ratio math suggests (234.6%).
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%221%
Looks meaningfully over-assessed
Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (60.89%) — roughly $9,492/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 94 HYANNIS ST | 2025-02 | $220,000 | 1,328 | 81.6% |
| 8 CAPRI CT | 2025-07 | $410,000 | 1,328 | 33.2% |
| 15 BIMINI DR | 2026-01 | $255,000 | 1,328 | 45.6% |
| 24 MARATHON ST | 2025-04 | $330,000 | 1,328 | 36.9% |
| 410 JAMAICA BLVD | 2025-10 | $379,900 | 1,304 | 42.7% |
| 15 SAN SALVADOR ST | 2025-04 | $300,000 | 1,328 | 41.0% |
| 154 BONAIRE DR | 2026-03 | $400,000 | 1,364 | 34.3% |
| 119 HYANNIS ST | 2025-09 | $262,000 | 1,364 | 47.7% |
| 23 SANTA FE CT | 2025-06 | $415,000 | 1,364 | 44.0% |
| 15 AZTEC CT | 2025-11 | $425,000 | 1,328 | 29.9% |
| 15 RODHOS ST | 2025-09 | $290,000 | 1,328 | 43.2% |
| 17 HYANNIS ST | 2025-08 | $300,000 | 1,328 | 41.1% |
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