The Fair Share Report
57 Spinnaker Ct
Berkeley, NJ 07009
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 $243,288 – $307,868, 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 $266,352 home should be assessed near $141,033.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $190,267 above what the ratio math suggests (134.9%).
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%142%
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 $4,928/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 2108 CENTRAL AVE 10 | 2025-08 | $649,000 | 1,225 | 42.9% |
| 23 LONGDENVILLE ST | 2026-05 | $271,000 | 1,232 | 42.2% |
| 2 SAN CARLOS CT | 2025-09 | $285,000 | 1,232 | 44.5% |
| 40 LUMSDEN ST | 2025-07 | $300,000 | 1,232 | 40.1% |
| 1 COBORCA WAY | 2025-03 | $260,000 | 1,232 | 64.7% |
| 12 DAWN WAY | 2025-06 | $285,000 | 1,232 | 52.2% |
| 10 LYFORD CT | 2025-08 | $266,000 | 1,232 | 46.0% |
| 15 DAVENPORT RD W | 2025-10 | $230,000 | 1,232 | 53.9% |
| 38 WOODSTOCK DR | 2026-01 | $273,000 | 1,232 | 56.1% |
| 1 DAWN WAY | 2026-01 | $240,000 | 1,232 | 62.4% |
| 32 PARADISE BLVD | 2025-08 | $330,000 | 1,232 | 40.1% |
| 34 CHESTERFIELD LN | 2025-03 | $323,000 | 1,232 | 47.2% |
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