The Fair Share Report
5 Mapleton Rd
Berkeley, NJ 07740
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 $289,150 – $355,000, 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 $307,500 home should be assessed near $162,821.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $39,121 below what the ratio math suggests (24.0%).
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
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 |
|---|---|---|---|---|
| 49 WESTPORT DR | 2025-08 | $325,000 | 1,360 | 38.7% |
| 77 CHESTERFIELD LN | 2025-11 | $307,000 | 1,364 | 49.8% |
| 46 AUBURN RD | 2025-11 | $307,500 | 1,360 | 39.6% |
| 18 WESTPORT DR | 2025-09 | $330,000 | 1,360 | 39.1% |
| 5 EASTON RD | 2025-04 | $305,000 | 1,360 | 62.4% |
| 72 NARBERTH WAY | 2026-02 | $380,000 | 1,356 | 236.6% |
| 72 NARBERTH WAY | 2025-04 | $355,000 | 1,356 | 253.2% |
| 128 WESTPORT DR | 2026-01 | $260,000 | 1,360 | 47.6% |
| 25 BENNINGTON DR | 2025-01 | $250,000 | 1,360 | 72.4% |
| 5 DUXBURY RD | 2025-08 | $345,000 | 1,340 | 37.4% |
| 73 SHEEPSHEAD DR | 2025-09 | $307,000 | 1,360 | 50.3% |
| 73 WHITMORE DR | 2025-08 | $355,000 | 1,360 | 42.6% |
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