The Fair Share Report
46 Eldorado St
Berkeley, NJ 08757
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 $227,977 – $322,512, 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 $267,500 home should be assessed near $141,641.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $30,441 below what the ratio math suggests (21.5%).
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
29%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 |
|---|---|---|---|---|
| 8 NEVIS CT | 2025-09 | $185,000 | 1,124 | 56.6% |
| 38 ETON RD | 2026-03 | $265,000 | 1,201 | 43.5% |
| 4 VALENCIA ST | 2025-07 | $347,000 | 1,232 | 33.6% |
| 1005 CAMINO REAL CT | 2025-02 | $292,000 | 1,232 | 61.0% |
| 124 NORTHUMBERLAND DR | 2026-03 | $190,000 | 1,139 | 50.0% |
| 2 VAN GOGH ST | 2025-11 | $263,000 | 1,232 | 44.0% |
| 146 BIMINI DR | 2026-02 | $314,000 | 1,124 | 34.0% |
| 20 LIBERTA DR | 2025-08 | $280,000 | 1,232 | 43.0% |
| 7 SANTA FE CT | 2025-08 | $245,000 | 1,232 | 47.6% |
| 26 MARACAIBO PL | 2025-02 | $326,000 | 1,232 | 38.2% |
| 29 CARLISLE RD | 2025-02 | $210,000 | 1,141 | 68.2% |
| 89 CARLISLE RD | 2026-03 | $350,000 | 1,121 | 46.0% |
Is this your house?
Run your own report →