The Fair Share Report
5 Roman 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 $272,709 – $357,879, 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 $340,512 home should be assessed near $180,301.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $50,001 below what the ratio math suggests (27.7%).
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 $2.398 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Berkeley sale · assessed ÷ market
30%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 |
|---|---|---|---|---|
| 97 LIBERTA DR | 2025-08 | $355,000 | 1,264 | 50.3% |
| 7 LE DIAMANT ST | 2025-10 | $300,000 | 1,264 | 42.9% |
| 80 ETON RD | 2025-06 | $380,000 | 1,318 | 49.4% |
| 94 HYANNIS ST | 2025-02 | $220,000 | 1,328 | 81.6% |
| 2 VAN GOGH ST | 2025-11 | $263,000 | 1,232 | 44.0% |
| 211 BONAIRE DR | 2026-05 | $305,000 | 1,264 | 37.4% |
| 1 MIRAMAR CT | 2026-05 | $335,000 | 1,232 | 35.3% |
| 14 PICASSO CT | 2026-06 | $375,000 | 1,364 | 37.4% |
| 16 MIRADOR CT | 2026-04 | $335,000 | 1,232 | 46.3% |
| 170 PORT ROYAL DR | 2026-01 | $250,000 | 1,232 | 49.7% |
| 38 MARQUIS ST | 2026-01 | $270,000 | 1,232 | 44.0% |
| 10 AZTEC CT | 2025-11 | $272,500 | 1,232 | 43.4% |
Is this your house?
Run your own report →