The Fair Share Report
83 Yardarm Ct
Berkeley, NJ 07059
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 $258,916 – $752,312, 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 $511,413 home should be assessed near $270,793.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $166,507 above what the ratio math suggests (61.5%).
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%174%
A touch high — worth watching
This home's ratio sits above most of Berkeley, but doesn't clear NJ's legal appeal line (60.89%).
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 78 TOP SAIL CT | 2025-08 | $665,000 | 1,819 | 63.3% |
| 3 DRAKE DR | 2025-09 | $670,000 | 1,884 | 59.9% |
| 89 OCEAN GATE AVE | 2025-03 | $730,000 | 1,740 | 52.7% |
| 9 ST FRANCOIS CT | 2026-04 | $580,000 | 1,812 | 25.4% |
| 152 BIABOU DR | 2025-07 | $299,900 | 1,852 | 52.0% |
| 140 SYLVAN LAKE BLVD | 2025-07 | $360,000 | 1,832 | 56.6% |
| 124 AMHERST DR | 2025-06 | $840,000 | 1,840 | 42.9% |
| 73 VIRGIN ISLANDS DR | 2025-05 | $426,000 | 1,720 | 46.1% |
| 92 BUTLER AVE | 2025-06 | $447,000 | 1,832 | 47.8% |
| 85 SAN CARLOS ST | 2025-04 | $235,000 | 1,776 | 61.3% |
| 329 BAYVIEW AVE | 2025-01 | $980,000 | 1,898 | 54.1% |
| 1025 BAYVIEW AVE | 2025-10 | $751,000 | 1,931 | 75.8% |
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