The Fair Share Report
59 Edinburgh Dr
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 $294,358 – $343,117, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,384 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 $317,167 home should be assessed near $167,940.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $49,340 below what the ratio math suggests (29.4%).
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
29%68%
Keep quiet and enjoy it
This home's assessment ratio sits below the Berkeley pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 136 GEORGETOWN RD | 2025-09 | $285,000 | 1,340 | 41.7% |
| 1015 EDGEBROOK DR EAST | 2025-01 | $350,000 | 1,451 | 40.7% |
| 12 ELY CT | 2025-09 | $292,000 | 1,366 | 41.4% |
| 1 MARGARITA ST | 2025-08 | $357,000 | 1,440 | 37.6% |
| 77 WESTBROOK DR | 2025-08 | $405,000 | 1,318 | 45.6% |
| 6 COVENTRY RD | 2025-09 | $240,000 | 1,340 | 47.3% |
| 41 ETON RD | 2025-07 | $343,500 | 1,338 | 35.2% |
| 26 FT DE FRANCE AVE | 2026-02 | $350,000 | 1,440 | 43.8% |
| 33 PIROGUE ST | 2026-03 | $255,000 | 1,364 | 47.0% |
| 162 HARRINGTON DR NORTH | 2026-02 | $295,000 | 1,328 | 40.9% |
| 54 KORMAN RD | 2025-04 | $415,000 | 1,503 | 51.9% |
| 157 GUADELOUPE DR | 2025-04 | $340,000 | 1,484 | 39.6% |
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