The Fair Share Report
59 Stanton Ave
Berkeley, NJ 08741
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 $278,441 – $414,511, 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 $358,601 home should be assessed near $189,879.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $31,779 below what the ratio math suggests (16.7%).
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 |
|---|---|---|---|---|
| 293 BRICK AVE | 2025-09 | $405,000 | 898 | 46.3% |
| 615 RIVERSIDE DR | 2025-12 | $425,000 | 922 | 36.5% |
| 50 PARK AVE | 2025-10 | $427,000 | 960 | 46.8% |
| 12 LAWRENCE AVE | 2025-06 | $335,000 | 822 | 57.5% |
| 3 YORK CT | 2025-08 | $280,000 | 923 | 36.6% |
| KINGS GATE CONDO C5 | 2025-10 | $801,000 | 910 | 44.8% |
| 15 BUCKLEY LN | 2026-06 | $370,000 | 858 | 46.3% |
| 1 CAMBRIDGE CT | 2026-03 | $305,000 | 944 | 32.8% |
| 206 CORNELIUS ST | 2026-05 | $410,000 | 1,029 | 51.4% |
| 28 STANFORD CT EAST | 2025-10 | $324,900 | 971 | 32.1% |
| 937 EDGEBROOK DR NORTH | 2026-01 | $170,000 | 816 | 59.1% |
| 601 MAIN ST | 2025-11 | $285,000 | 768 | 63.0% |
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