The Fair Share Report
8 Abaco St
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 $196,317 – $332,465, 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 $283,986 home should be assessed near $150,371.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $45,371 below what the ratio math suggests (30.2%).
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
26%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 |
|---|---|---|---|---|
| 14 SAN SALVADOR ST | 2025-02 | $345,000 | 1,124 | 31.9% |
| 8 BRAKENBURY CT | 2025-07 | $325,000 | 1,140 | 40.0% |
| 237 HARRINGTON DR NORTH | 2025-08 | $340,000 | 1,124 | 46.2% |
| 124 NORTHUMBERLAND DR | 2026-03 | $190,000 | 1,139 | 50.0% |
| 868 JAMAICA BLVD | 2025-11 | $280,000 | 1,124 | 35.4% |
| 146 BIMINI DR | 2026-02 | $314,000 | 1,124 | 34.0% |
| 29 CARLISLE RD | 2025-02 | $210,000 | 1,141 | 68.2% |
| 89 CARLISLE RD | 2026-03 | $350,000 | 1,121 | 46.0% |
| 95 CARLISLE RD | 2025-03 | $225,000 | 1,121 | 69.7% |
| 30 BIABOU DR | 2026-06 | $206,500 | 1,124 | 50.9% |
| 96 BONAIRE DR | 2026-03 | $280,000 | 1,124 | 42.4% |
| 350 BARBADOS DR NORTH | 2026-02 | $185,000 | 1,124 | 61.1% |
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