The Fair Share Report
82 Fourth Ave
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 $253,448 – $347,520, from 12 comparable Berkeley sales in the past 18 months, at this home's 960 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 $261,998 home should be assessed near $138,728.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $4,428 below what the ratio math suggests (3.2%).
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
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 |
|---|---|---|---|---|
| 76 PUFFIN GLADE | 2025-08 | $245,000 | 940 | 64.4% |
| 90 PUFFIN GLADE | 2026-05 | $249,900 | 923 | 48.0% |
| 73 PUFFIN GLADE | 2025-01 | $245,000 | 928 | 64.0% |
| 100 SUNSET DR NORTH #11 | 2025-02 | $510,000 | 950 | 36.7% |
| 88 PUFFIN GLADE | 2026-05 | $245,000 | 928 | 42.9% |
| 13 MILLBROOK CT | 2025-10 | $259,900 | 985 | 49.4% |
| 3 BASSET CT | 2025-01 | $290,000 | 1,031 | 34.3% |
| 138 SPOONBILL HOLLOW | 2025-05 | $290,000 | 1,220 | 66.2% |
| 97 PHEASANT DR | 2025-12 | $399,000 | 960 | 45.9% |
| 155 OCEAN GATE DR | 2025-05 | $401,000 | 960 | 39.5% |
| 3 CALDWELL DR | 2026-03 | $279,000 | 971 | 46.3% |
| 63 BRAKENBURY DR | 2026-04 | $265,000 | 971 | 35.8% |
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