The Fair Share Report
84 Veeder Ln
Berkeley, NJ 08108
The town adjusts for market price changes once a year — but only based on the average price change of all homes in the area. This report checks whether this house's assessment kept pace.
A touch high — but not appeal-worthy
Above most of Berkeley, but below NJ's legal appeal line (60.89%), where a case becomes winnable.
Step 1 · Market value
Likely range $494,133 – $753,334, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,937 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 $688,848 home should be assessed near $364,745.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $69,455 above what the ratio math suggests (19.0%).
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%93%
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 109 WEST ISLAND RD | 2025-06 | $710,000 | 1,920 | 57.0% |
| 3 DRAKE DR | 2025-09 | $670,000 | 1,884 | 59.9% |
| 1025 BAYVIEW AVE | 2025-10 | $751,000 | 1,931 | 75.8% |
| 259 CYPRESS DR | 2025-08 | $900,000 | 2,042 | 51.1% |
| 6 TRAVELER WAY | 2025-10 | $820,000 | 1,955 | 51.8% |
| 9 ST FRANCOIS CT | 2026-04 | $580,000 | 1,812 | 25.4% |
| 12 CARLYLE DR | 2025-07 | $700,000 | 1,970 | 79.0% |
| 3 STARFISH CT | 2026-06 | $425,000 | 1,904 | 50.0% |
| 114 DRIFTWOOD DR | 2026-04 | $405,000 | 2,034 | 53.4% |
| 104 BUTLER AVE | 2025-09 | $414,000 | 1,888 | 50.3% |
| 767 JAMAICA BLVD | 2026-06 | $540,000 | 1,896 | 30.3% |
| 265 CYPRESS DR | 2025-11 | $1,055,000 | 1,873 | 51.3% |
Is this your house?
Run your own report →