The Fair Share Report
5 Crescent Dr
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 $261,232 – $398,827, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,360 sq ft.
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 $299,120 home should be assessed near $158,384.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $53,616 above what the ratio math suggests (33.9%).
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%87%
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 |
|---|---|---|---|---|
| 127 TROUMAKA ST | 2026-06 | $250,000 | 1,364 | 47.1% |
| 2 SEVILLE PL | 2026-02 | $300,000 | 1,364 | 40.5% |
| 185 CABRILLO BLVD | 2025-07 | $275,000 | 1,328 | 45.2% |
| 154 BONAIRE DR | 2026-03 | $400,000 | 1,364 | 34.3% |
| 119 HYANNIS ST | 2025-09 | $262,000 | 1,364 | 47.7% |
| 23 SANTA FE CT | 2025-06 | $415,000 | 1,364 | 44.0% |
| 56 MILLBROOK DR | 2025-10 | $477,000 | 1,360 | 31.4% |
| 2 ST ANDREWS CT | 2025-01 | $275,000 | 1,364 | 46.3% |
| 20 INNSBRUCK DR | 2025-08 | $285,000 | 1,328 | 41.7% |
| 5 SHEEPSHEAD DR | 2026-05 | $440,000 | 1,340 | 33.7% |
| 2 HYANNIS ST | 2026-04 | $307,000 | 1,328 | 40.5% |
| 78 TROUMAKA ST | 2025-08 | $246,000 | 1,328 | 51.7% |
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