The Fair Share Report
605 Maple St
Berkeley, NJ 08721
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 $503,277 – $671,919, 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 $529,310 home should be assessed near $280,270.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $30,130 above what the ratio math suggests (10.8%).
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 |
|---|---|---|---|---|
| 417 RIVERSIDE DR | 2025-01 | $380,000 | 1,658 | 62.5% |
| 254 BUTLER BLVD | 2025-08 | $625,000 | 1,968 | 58.4% |
| 50 YARDARM CT | 2025-09 | $750,000 | 1,882 | 52.6% |
| 220 EDWARD AVE | 2026-02 | $595,000 | 1,990 | 42.3% |
| 519 TRENTON AVE SOUTH | 2025-08 | $500,000 | 1,920 | 51.5% |
| 16 SANDHURST CT | 2025-09 | $522,000 | 1,928 | 45.9% |
| 409 BIRCH ST | 2025-05 | $482,500 | 1,800 | 56.3% |
| 12 CARLYLE DR | 2025-07 | $700,000 | 1,970 | 79.0% |
| 1025 BAYVIEW AVE | 2025-10 | $751,000 | 1,931 | 75.8% |
| 152 CLIFFORD B WRIGHT ST | 2025-09 | $460,000 | 1,805 | 53.5% |
| 217 NO BAY DR | 2025-12 | $635,000 | 1,910 | 57.2% |
| 318 BAY BLVD | 2025-05 | $493,500 | 1,746 | 47.2% |
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