The Fair Share Report
419 Second Ave
Berkeley, NJ 08701
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 $660,710 – $1,018,599, from 12 comparable Berkeley sales in the past 18 months, at this home's 2,374 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 $730,141 home should be assessed near $386,610.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $139,810 below what the ratio math suggests (36.2%).
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
19%68%
Keep quiet and enjoy it
This home's assessment ratio sits below the Berkeley pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 414 THIRD AVE | 2026-06 | $620,000 | 2,414 | 40.2% |
| 206 ROANOKE AVE | 2026-02 | $995,000 | 2,319 | 42.3% |
| 403 FIRST AVE | 2026-06 | $625,000 | 2,364 | 41.3% |
| 240 FERNWOOD DR | 2025-09 | $1,049,000 | 2,420 | 50.3% |
| 281 EVERGREEN DR | 2026-04 | $1,200,000 | 2,237 | 47.1% |
| 96 BRIDLE PATH | 2025-09 | $700,000 | 2,276 | 49.9% |
| 234 SECOND AVE | 2025-12 | $589,000 | 2,049 | 48.4% |
| 184 FIFTH AVE | 2025-08 | $705,000 | 2,295 | 47.4% |
| 28 DOLPHIN CIRCLE WEST | 2025-06 | $580,000 | 2,084 | 48.4% |
| 4 GOLDENROD AVE | 2025-08 | $620,000 | 2,424 | 55.6% |
| 51 AMHERST DR | 2025-08 | $950,000 | 2,400 | 56.2% |
| 4 BRIDLE PATH | 2025-08 | $719,900 | 2,465 | 47.8% |
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