The Fair Share Report
53 Quail Run
Berkeley, NJ 08828
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 $359,122 – $422,555, 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 $382,616 home should be assessed near $202,595.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $10,295 below what the ratio math suggests (5.1%).
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%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 |
|---|---|---|---|---|
| 4 CANCUN ST | 2025-12 | $345,000 | 1,615 | 45.9% |
| 28 CANCUN ST | 2025-01 | $325,000 | 1,615 | 47.6% |
| 122 WESTPORT DR | 2025-10 | $425,000 | 1,603 | 36.9% |
| 10 BOLTON CT | 2026-04 | $385,000 | 1,615 | 48.3% |
| 156 PRINCE CHARLES DR | 2025-11 | $372,100 | 1,615 | 49.9% |
| 235 PRINCE CHARLES CT | 2025-11 | $419,000 | 1,615 | 18.5% |
| 10 CARDIGAN DR | 2025-11 | $420,000 | 1,615 | 44.2% |
| 41 ABERGELE CT | 2025-09 | $415,000 | 1,615 | 44.7% |
| 1 CARDIGAN DR | 2025-07 | $445,000 | 1,615 | 42.0% |
| 83 WOODSTOCK DR | 2025-06 | $384,000 | 1,615 | 45.6% |
| 20 SHERIDAN RD | 2025-04 | $370,000 | 1,595 | 43.6% |
| 17 SHEFFIELD DR | 2026-04 | $365,000 | 1,615 | 50.9% |
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