The Fair Share Report
9 Normanton Way
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 $352,500 – $388,979, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,545 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 $371,183 home should be assessed near $196,541.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $52,459 above what the ratio math suggests (26.7%).
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%76%
Looks meaningfully over-assessed
Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (60.89%) — roughly $1,359/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 49 STOCKPORT DR | 2026-02 | $375,000 | 1,545 | 48.7% |
| 69 PORTSMOUTH DR | 2026-02 | $424,000 | 1,545 | 43.1% |
| 180 SYLVAN LAKE BLVD | 2025-08 | $385,000 | 1,538 | 49.2% |
| 53 STOCKPORT DR | 2025-07 | $410,000 | 1,545 | 45.1% |
| 155 CANTERBURY LN | 2025-05 | $325,000 | 1,545 | 56.2% |
| 5 PRINCE CHARLES DR | 2026-05 | $383,999 | 1,545 | 47.9% |
| 59 TRENT DR | 2025-05 | $355,000 | 1,502 | 50.3% |
| 195 CANTERBURY LN | 2025-06 | $365,000 | 1,584 | 50.9% |
| 304 JAMAICA BLVD | 2025-07 | $352,500 | 1,545 | 43.1% |
| 54 CANTERBURY LN | 2025-07 | $415,000 | 1,615 | 45.6% |
| 143 SYLVAN LAKE BLVD | 2025-10 | $392,000 | 1,557 | 48.1% |
| 62 PINTAIL TRACE | 2025-05 | $355,000 | 1,488 | 56.3% |
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