The Fair Share Report
7 St David Dr
Berkeley, NJ 08757
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 $251,144 – $301,475, 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 $266,167 home should be assessed near $140,935.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $36,035 below what the ratio math suggests (25.6%).
Step 4 · The tax rate — same for every Berkeley home
$1.213 Schools · 47% $0.582 County · 22% $0.795 Town · 31%
This home's own bill implies $2.352 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Berkeley sale · assessed ÷ market
29%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 |
|---|---|---|---|---|
| 186 CHARLOTTEVILLE DR S | 2025-10 | $249,900 | 1,124 | 44.9% |
| 487 JAMAICA BLVD | 2025-10 | $325,000 | 1,124 | 32.3% |
| 32 SUTHERLAND CT | 2025-12 | $290,000 | 1,136 | 35.3% |
| 14 WOODBURY CT | 2025-09 | $295,000 | 1,136 | 36.3% |
| 21 CHRISTIANSTED ST | 2025-09 | $225,000 | 1,126 | 42.4% |
| 46 FALMOUTH ST | 2025-01 | $215,000 | 1,126 | 64.7% |
| 110 GEORGETOWN RD | 2025-03 | $265,000 | 1,135 | 40.4% |
| 62 SCARBOROUGH PL | 2026-05 | $265,000 | 1,124 | 41.0% |
| 176 CHARLOTTEVILLE DR S | 2026-01 | $285,000 | 1,124 | 38.6% |
| 178 CHARLOTTEVILLE DR S | 2025-07 | $180,000 | 1,124 | 61.9% |
| 528 JAMAICA BLVD | 2025-07 | $325,000 | 1,124 | 52.1% |
| 126 BARBUDA ST | 2025-04 | $326,000 | 1,124 | 32.0% |
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