The Fair Share Report
44 Dockage Rd
Berkeley, NJ 08721
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 $363,224 – $502,338, 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 $404,448 home should be assessed near $214,155.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $62,045 above what the ratio math suggests (29.0%).
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
30%81%
A touch high — worth watching
This home's ratio sits above most of Berkeley, but doesn't clear NJ's legal appeal line (60.89%).
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 9 WESTGATE CT | 2026-05 | $409,000 | 1,728 | 48.5% |
| 187 PRINCE CHARLES DR | 2025-08 | $380,000 | 1,749 | 14.3% |
| 27 FREDERICK DR | 2025-10 | $480,000 | 1,668 | 56.0% |
| 11 SOUTH POINT CT | 2025-07 | $380,000 | 1,692 | 35.6% |
| 83 WOODSTOCK DR | 2025-06 | $384,000 | 1,615 | 45.6% |
| 122 WESTPORT DR | 2025-10 | $425,000 | 1,603 | 36.9% |
| 18 SKIMMER LANE | 2025-07 | $495,000 | 1,728 | 55.4% |
| 73 TIMBERLINE RD | 2025-11 | $550,000 | 1,768 | 50.0% |
| 5 TRENT DR | 2025-02 | $330,000 | 1,615 | 65.2% |
| 11 OLSTINS CT | 2026-05 | $355,000 | 1,638 | 39.8% |
| 168 CHESTERFIELD LN | 2026-02 | $380,000 | 1,862 | 57.3% |
| 16 SANDHURST CT | 2025-09 | $522,000 | 1,928 | 45.9% |
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