The Fair Share Report
5 Shaw Ct
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 $210,629 – $306,570, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,091 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 $257,908 home should be assessed near $136,562.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $53,138 above what the ratio math suggests (38.9%).
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%96%
Looks meaningfully over-assessed
Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (60.89%) — roughly $1,376/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 24 HAMPSHIRE RD | 2025-12 | $240,000 | 1,088 | 44.0% |
| 90 WESTBROOK DR | 2026-01 | $350,000 | 1,091 | 28.1% |
| 69 ETON RD | 2025-05 | $287,750 | 1,091 | 38.6% |
| 83 ETON RD | 2025-01 | $252,500 | 1,091 | 42.5% |
| 189 WESTBROOK DR | 2025-05 | $285,000 | 1,074 | 40.4% |
| 5 NORFOLK DR | 2025-02 | $279,000 | 1,107 | 37.6% |
| 343 BARBADOS DR NORTH | 2025-07 | $220,000 | 1,092 | 60.6% |
| 31 CARLISLE RD | 2025-07 | $265,000 | 1,121 | 37.9% |
| 3 BONAIRE DR | 2025-08 | $217,000 | 1,124 | 69.0% |
| 106 BANANIER DR | 2025-05 | $314,900 | 1,092 | 44.7% |
| 1 HAMPSHIRE RD | 2026-05 | $315,000 | 1,121 | 33.7% |
| 160 WESTBROOK DR | 2026-05 | $210,000 | 1,121 | 51.4% |
Is this your house?
Run your own report →