The Fair Share Report
4 Locust Ave
Berlin, NJ 08088
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 $283,144 – $345,473, from 12 comparable Berlin 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 Berlin assessments sit below market value — republished every October, applied town-wide. A $327,223 home should be assessed near $217,767.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $62,967 below what the ratio math suggests (28.9%).
Step 4 · The tax rate — same for every Berlin home
$1.813 Schools · 52% $0.779 County · 22% $0.879 Town · 25%
Step 5 · The bill
This home vs. every recent Berlin sale · assessed ÷ market
39%82%
Paying about right
This home's ratio lands inside Berlin'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 |
|---|---|---|---|---|
| 6 MALAN AVENUE | 2025-07 | $271,000 | 1,080 | 55.6% |
| 41 CHESTNUT AVENUE | 2025-02 | $360,000 | 1,232 | 59.3% |
| 3 ELLIS AVENUE | 2025-05 | $230,000 | 1,276 | 77.2% |
| 36 PARK AVENUE | 2025-08 | $195,000 | 1,004 | 98.5% |
| 48 TANSBORO ROAD | 2025-02 | $276,500 | 1,287 | 73.4% |
| 20 HAINES AVENUE | 2025-10 | $345,900 | 1,256 | 41.7% |
| 117 ELLIS AVENUE | 2025-10 | $295,000 | 1,060 | 57.0% |
| 105 RICH AVENUE | 2025-01 | $420,000 | 1,336 | 41.2% |
| 120 CREST AVENUE | 2025-07 | $330,000 | 1,120 | 56.4% |
| 107 ESTAUGH AVENUE | 2025-02 | $376,500 | 1,360 | 62.0% |
| 115 ELLIS AVENUE | 2025-12 | $295,000 | 1,060 | 54.6% |
| 113 ELLIS AVENUE | 2025-08 | $290,000 | 1,060 | 58.0% |
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