The Fair Share Report
597 Route 9
Berkeley, NJ 08753
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 $267,627 – $584,299, from 12 comparable Berkeley sales in the past 18 months, at this home's 783 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 $337,657 home should be assessed near $178,789.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $65,211 above what the ratio math suggests (36.5%).
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%97%
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 |
|---|---|---|---|---|
| 601 MAIN ST | 2025-11 | $285,000 | 768 | 63.0% |
| 23 FIFTH LANE | 2025-02 | $610,000 | 648 | 53.1% |
| 15 BUCKLEY LN | 2026-06 | $370,000 | 858 | 46.3% |
| 26 FIFTH LANE | 2026-05 | $650,000 | 600 | 47.7% |
| 614 BAY BLVD | 2025-11 | $520,000 | 1,081 | 31.7% |
| 27 FOURTH LANE | 2025-03 | $549,000 | 648 | 50.3% |
| 29 FOURTH LANE | 2025-02 | $467,000 | 648 | 59.5% |
| 12 LAWRENCE AVE | 2025-06 | $335,000 | 822 | 57.5% |
| 293 BRICK AVE | 2025-09 | $405,000 | 898 | 46.3% |
| 103 TWENTY-THIRD AVE #3 | 2025-08 | $594,000 | 796 | 53.0% |
| 74 SECOND AVE | 2026-05 | $260,000 | 800 | 40.9% |
| 174 BRENNAN CONCOURSE | 2025-04 | $350,000 | 1,024 | 47.3% |
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