The Fair Share Report
489 Baldwin Ave
Berkeley, NJ 08754
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 $326,400 – $529,372, 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 $464,559 home should be assessed near $245,984.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $89,584 below what the ratio math suggests (36.4%).
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 $3.726 per $100 — well off the general rate. That usually means the town revalued since the last bill.
Step 5 · The bill
This home vs. every recent Berkeley sale · assessed ÷ market
24%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 |
|---|---|---|---|---|
| 117 SANDPIPER LN | 2026-01 | $290,000 | 1,448 | 70.6% |
| 33 BLUE HERON LANE | 2026-05 | $483,500 | 1,495 | 50.8% |
| 110 SANDPIPER LN | 2025-07 | $340,000 | 1,418 | 58.1% |
| 202 THIRD AVE | 2026-05 | $435,000 | 1,504 | 47.3% |
| 168 GRAND CENTRAL PKWY | 2026-02 | $465,000 | 1,400 | 55.7% |
| 11 WESTGATE CT | 2025-09 | $500,000 | 1,440 | 37.5% |
| 8 WYCOMBE CT | 2025-07 | $450,000 | 1,440 | 40.8% |
| 62 PINTAIL TRACE | 2025-05 | $355,000 | 1,488 | 56.3% |
| 545 HOPEDALE DR SW | 2025-08 | $531,000 | 1,254 | 42.1% |
| 12 BLUE HERON LANE | 2025-08 | $582,900 | 1,565 | 42.7% |
| 174 FIFTH AVE | 2025-05 | $549,000 | 1,750 | 41.0% |
| 13 THORNTON RD | 2026-06 | $315,000 | 1,404 | 133.8% |
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