The Fair Share Report
42 Barbuda St
Berkeley, NJ 07757
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 $233,732 – $287,357, 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 $246,626 home should be assessed near $130,588.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $36,088 below what the ratio math suggests (27.6%).
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
27%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 |
|---|---|---|---|---|
| 11 MARGARITA ST | 2026-04 | $285,000 | 1,092 | 35.8% |
| 455 ST THOMAS DR | 2025-08 | $250,000 | 1,092 | 46.4% |
| 29 SHERWOOD LN | 2026-02 | $248,000 | 1,083 | 40.5% |
| 1111 WATERBERRY CT SOUTH | 2026-02 | $299,000 | 1,083 | 35.9% |
| 1 YORK CT | 2025-12 | $270,000 | 1,083 | 37.7% |
| 11 SHERWOOD CT | 2025-10 | $280,000 | 1,067 | 37.8% |
| 192 CHARLOTTEVILLE DR S | 2026-01 | $245,000 | 1,092 | 45.2% |
| 53 BARBADOS DR SOUTH | 2026-01 | $237,500 | 1,092 | 45.8% |
| 116 GUADELOUPE DR | 2025-12 | $245,000 | 1,092 | 41.0% |
| 458 JAMAICA BLVD | 2025-10 | $239,000 | 1,092 | 43.5% |
| 7 FREDERIKSTED ST | 2025-03 | $222,222 | 1,092 | 62.3% |
| 14 SUTHERLAND CT | 2025-01 | $300,000 | 1,088 | 52.3% |
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