The Fair Share Report
42 Eton Rd
Berkeley, NJ 08757
The town adjusts for market price changes once a year — but only based on the average price change of all homes in the area. This report checks whether this house's assessment kept pace.
This home's full record →Check another house →
This home's payments are about right
It sits inside Berkeley's normal range — market price changes haven't singled it out. No case for a tax appeal.
Step 1 · Market value
Likely range $198,071 – $334,868, 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 $287,711 home should be assessed near $152,343.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $48,843 below what the ratio math suggests (32.1%).
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 $2.348 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
25%68%
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 9 GOWER RD | 2025-10 | $279,000 | 1,141 | 40.0% |
| 24 CARLISLE RD | 2025-03 | $390,000 | 1,126 | 31.2% |
| 124 NORTHUMBERLAND DR | 2026-03 | $190,000 | 1,139 | 50.0% |
| 25 WILLOUGHBY CT | 2025-01 | $278,000 | 1,139 | 41.7% |
| 22 DOWN CT | 2026-04 | $330,000 | 1,140 | 30.7% |
| 36 HATFIELD RD | 2025-05 | $290,000 | 1,140 | 37.1% |
| 106 NORTHUMBERLAND DR | 2025-11 | $325,000 | 1,122 | 34.7% |
| 1 HAMPSHIRE RD | 2026-05 | $315,000 | 1,121 | 33.7% |
| 160 WESTBROOK DR | 2026-05 | $210,000 | 1,121 | 51.4% |
| 1 HAMPSHIRE RD | 2025-08 | $205,000 | 1,121 | 51.8% |
| 112 NORTHUMBERLAND DR | 2025-06 | $215,000 | 1,121 | 50.0% |
| 18 ELY CT | 2025-05 | $327,900 | 1,121 | 51.4% |
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