The Fair Share Report
488 Berkeley Dr
Wyckoff, NJ 07481
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 $1,143,560 – $1,440,943, from 12 comparable Wyckoff 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 Wyckoff assessments sit below market value — republished every October, applied town-wide. A $1,316,540 home should be assessed near $990,170.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $175,670 below what the ratio math suggests (17.7%).
Step 4 · The tax rate — same for every Wyckoff home
$1.375 Schools · 68% $0.276 County · 14% $0.374 Town · 18%
Step 5 · The bill
This home vs. every recent Wyckoff sale · assessed ÷ market
49%92%
Paying about right
This home's ratio lands inside Wyckoff'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 |
|---|---|---|---|---|
| 386 BROWNSTONE CT | 2025-11 | $1,776,000 | 2,584 | 55.4% |
| 110 WILLOW POND COURT | 2025-11 | $1,050,000 | — | 78.3% |
| 460 MASSEY CT | 2025-02 | $875,000 | 2,508 | 82.4% |
| 336 LAKE VIEW DR | 2025-07 | $1,316,000 | 2,711 | 60.7% |
| 438 SNYDER RD | 2026-03 | $1,356,000 | 2,646 | 56.6% |
| 186 COOLIDGE TER | 2025-09 | $1,370,000 | 2,580 | 56.8% |
| 225 NAVAJO DR | 2026-04 | $1,110,000 | 2,676 | 66.7% |
| 743 BIRCHWOOD DR | 2025-09 | $1,365,100 | 2,378 | 66.1% |
| 378 ANDOVER ST | 2025-06 | $1,340,000 | 2,428 | 50.2% |
| 775 ALBEMARLE ST | 2025-09 | $1,667,000 | 2,917 | 62.7% |
| 96 LOGAN LA | 2025-07 | $1,100,000 | 2,289 | 61.2% |
| 442 ELLIS PL | 2025-01 | $825,000 | 2,381 | 81.2% |
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