The Fair Share Report
4 Augusta Ct
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 $290,000 – $365,000, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,364 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 $320,941 home should be assessed near $169,938.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $41,838 below what the ratio math suggests (24.6%).
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 $2.395 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 |
|---|---|---|---|---|
| 22 INVERELL DR | 2026-04 | $298,000 | 1,364 | 41.7% |
| 41 INNSBRUCK DR | 2025-08 | $369,000 | 1,364 | 35.2% |
| 12 SAN JACINTO ST | 2025-11 | $338,500 | 1,364 | 37.8% |
| 57 INNSBRUCK DR | 2025-06 | $260,000 | 1,364 | 48.5% |
| 367 PORT ROYAL DR | 2026-01 | $187,500 | 1,364 | 65.8% |
| 21 DRAKE DR | 2025-07 | $775,000 | 1,352 | 44.6% |
| 31 MILLBROOK CT | 2026-06 | $320,000 | 1,360 | 48.3% |
| 149 ORLANDO BLVD | 2026-04 | $365,000 | 1,364 | 50.5% |
| 12 VIRGIN ISLANDS DR | 2025-12 | $290,000 | 1,364 | 42.9% |
| 144 ORLANDO BLVD | 2025-09 | $345,000 | 1,364 | 35.8% |
| 46 AMHERST DR | 2026-02 | $625,000 | 1,362 | 56.8% |
| 97 SELKIRK AVE | 2026-02 | $337,000 | 1,364 | 38.0% |
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