The Fair Share Report
607 Route 9
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 $251,671 – $386,790, 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 $322,476 home should be assessed near $170,751.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $54,249 above what the ratio math suggests (31.8%).
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%95%
A touch high — worth watching
This home's ratio sits above most of Berkeley, but doesn't clear NJ's legal appeal line (60.89%).
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 16 MIRADOR CT | 2026-04 | $335,000 | 1,232 | 46.3% |
| 193 BIABOU DR | 2026-03 | $342,500 | 1,232 | 33.1% |
| 170 PORT ROYAL DR | 2026-01 | $250,000 | 1,232 | 49.7% |
| 38 MARQUIS ST | 2026-01 | $270,000 | 1,232 | 44.0% |
| 38 WOODSTOCK DR | 2026-01 | $273,000 | 1,232 | 56.1% |
| 1 DAWN WAY | 2026-01 | $240,000 | 1,232 | 62.4% |
| 10 AZTEC CT | 2025-11 | $272,500 | 1,232 | 43.4% |
| 2 VAN GOGH ST | 2025-11 | $263,000 | 1,232 | 44.0% |
| 28 BAHAMIA DR | 2025-09 | $400,000 | 1,232 | 30.9% |
| 32 PARADISE BLVD | 2025-08 | $330,000 | 1,232 | 40.1% |
| 3 TIVOLI ST | 2025-08 | $377,500 | 1,232 | 33.9% |
| 12 BAY BLVD | 2025-06 | $425,000 | 1,232 | 49.7% |
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