The Fair Share Report
72 Yardarm Ct
Berkeley, NJ 07853
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 $251,194 – $409,621, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,320 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 $350,531 home should be assessed near $185,606.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $201,494 above what the ratio math suggests (108.6%).
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%160%
Looks meaningfully over-assessed
Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (60.89%) — roughly $5,219/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 94 HYANNIS ST | 2025-02 | $220,000 | 1,328 | 81.6% |
| 55 WHITMORE DR | 2026-01 | $363,000 | 1,327 | 40.7% |
| 33 WHITMORE DR | 2026-03 | $255,000 | 1,340 | 51.8% |
| 11 WHITAKER DR | 2025-12 | $370,000 | 1,318 | 41.2% |
| 65 NORTHUMBERLAND DR | 2026-04 | $350,000 | 1,318 | 34.9% |
| 390 BAYVIEW AVE | 2026-06 | $700,390 | 1,320 | 50.0% |
| 9 MORONGO CT | 2026-03 | $338,000 | 1,328 | 35.7% |
| 8 AUGUSTA CT | 2026-01 | $290,000 | 1,328 | 43.0% |
| 48 WHITAKER DR | 2026-04 | $410,000 | 1,318 | 51.5% |
| 33 PIROGUE ST | 2026-03 | $255,000 | 1,364 | 47.0% |
| 111 LANGLEY CT | 2025-07 | $409,000 | 1,318 | 31.8% |
| 143 WESTBROOK DR | 2025-06 | $290,000 | 1,318 | 39.9% |
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