The Fair Share Report
7 Gower Rd
Berkeley, NJ 08755
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 $211,959 – $317,689, 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 $240,000 home should be assessed near $127,080.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $30,780 below what the ratio math suggests (24.2%).
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
25%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 |
|---|---|---|---|---|
| 90 WESTBROOK DR | 2026-01 | $350,000 | 1,091 | 28.1% |
| 69 ETON RD | 2025-05 | $287,750 | 1,091 | 38.6% |
| 83 ETON RD | 2025-01 | $252,500 | 1,091 | 42.5% |
| 24 HAMPSHIRE RD | 2025-12 | $240,000 | 1,088 | 44.0% |
| 189 WESTBROOK DR | 2025-05 | $285,000 | 1,074 | 40.4% |
| 75 BRAKENBURY DR | 2025-01 | $226,000 | 1,074 | 61.0% |
| 18 NORTHUMBERLAND DR | 2025-10 | $400,000 | 1,069 | 26.7% |
| 18 NORTHUMBERLAND DR | 2025-06 | $212,500 | 1,069 | 50.3% |
| 343 BARBADOS DR NORTH | 2025-07 | $220,000 | 1,092 | 60.6% |
| 9 CARLISLE RD | 2026-05 | $220,000 | 1,059 | 45.1% |
| 106 BANANIER DR | 2025-05 | $314,900 | 1,092 | 44.7% |
| 1 HAMPSHIRE RD | 2026-05 | $315,000 | 1,121 | 33.7% |
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