The Fair Share Report
54 Summit Ave
Berlin, NJ 08009
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 $479,981 – $571,762, from 12 comparable Berlin 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 Berlin assessments sit below market value — republished every October, applied town-wide. A $529,624 home should be assessed near $352,465.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $61,265 below what the ratio math suggests (17.4%).
Step 4 · The tax rate — same for every Berlin home
$1.813 Schools · 52% $0.779 County · 22% $0.879 Town · 25%
This home's own bill implies $3.386 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Berlin sale · assessed ÷ market
41%82%
Paying about right
This home's ratio lands inside Berlin'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 |
|---|---|---|---|---|
| 5 CANYON DRIVE | 2025-08 | $665,000 | 2,760 | 56.1% |
| 131 SEQUOIA DRIVE | 2025-08 | $390,000 | 1,880 | 56.0% |
| 107 SEQUOIA DRIVE | 2025-08 | $420,000 | 1,880 | 62.8% |
| 30 GLACIER DRIVE | 2025-06 | $445,000 | 1,892 | 52.2% |
| 32 GLACIER DRIVE | 2025-02 | $380,000 | 1,876 | 60.4% |
| 10 MASON DRIVE | 2026-05 | $445,000 | 1,851 | 46.0% |
| 10 BLATHERWICK DRIVE | 2025-12 | $500,000 | 2,409 | 52.2% |
| 68 WAYSIDE ROAD | 2026-06 | $510,000 | 2,069 | 46.2% |
| 10 ELLIS AVENUE | 2026-03 | $650,000 | 2,714 | 52.8% |
| 103 REENA'S WAY | 2025-04 | $630,000 | 2,180 | 51.4% |
| 24 CONSTITUTION BLVD | 2026-04 | $386,000 | 1,994 | 58.7% |
| 207 RUTGERS BLVD | 2025-08 | $425,000 | 2,214 | 69.4% |
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