The Fair Share Report
8 Cardiff Ct
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 $240,174 – $373,660, 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 $299,096 home should be assessed near $158,371.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $22,771 below what the ratio math suggests (14.4%).
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 $2.406 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
30%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 |
|---|---|---|---|---|
| 205 TORREY PINES DR | 2025-09 | $375,000 | 1,328 | 33.7% |
| 94 TROUMAKA ST | 2025-08 | $187,000 | 1,328 | 69.0% |
| 4 BEAUMONT CT | 2025-02 | $440,000 | 1,328 | 28.1% |
| 15 ROXTON PL | 2025-11 | $250,000 | 1,328 | 49.8% |
| 8 AUGUSTA CT | 2026-01 | $290,000 | 1,328 | 43.0% |
| 57 INNSBRUCK DR | 2025-06 | $260,000 | 1,364 | 48.5% |
| 9 MORONGO CT | 2026-03 | $338,000 | 1,328 | 35.7% |
| 94 HYANNIS ST | 2025-02 | $220,000 | 1,328 | 81.6% |
| 367 PORT ROYAL DR | 2026-01 | $187,500 | 1,364 | 65.8% |
| 15 AZTEC CT | 2025-11 | $425,000 | 1,328 | 29.9% |
| 15 RODHOS ST | 2025-09 | $290,000 | 1,328 | 43.2% |
| 17 HYANNIS ST | 2025-08 | $300,000 | 1,328 | 41.1% |
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