The Fair Share Report
91 Grenada St
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 $251,106 – $325,380, 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 $284,063 home should be assessed near $150,411.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $37,011 below what the ratio math suggests (24.6%).
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
29%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 |
|---|---|---|---|---|
| 7 CAMBRIDGE CT | 2025-05 | $275,000 | 1,153 | 43.1% |
| 19 GEORGETOWN DR | 2025-11 | $265,000 | 1,232 | 44.3% |
| 109 EDINBURGH CT | 2025-07 | $230,000 | 1,153 | 45.6% |
| 2 STANFORD DR | 2025-06 | $250,000 | 1,153 | 53.8% |
| 12 BAY BLVD | 2025-06 | $425,000 | 1,232 | 49.7% |
| 429 ST THOMAS DR | 2026-03 | $260,000 | 1,147 | 43.1% |
| 36 GRENADA ST | 2025-04 | $242,000 | 1,126 | 39.0% |
| 17 CHRISTIANSTED ST | 2026-01 | $262,470 | 1,232 | 45.6% |
| 97 FT DE FRANCE AVE | 2025-10 | $305,000 | 1,124 | 53.2% |
| 51 BARBADOS DR SOUTH | 2025-05 | $260,000 | 1,124 | 53.2% |
| 77 GUADELOUPE DR | 2025-03 | $313,000 | 1,124 | 48.6% |
| 10 SPANISH WELLS ST | 2025-11 | $315,000 | 1,232 | 38.1% |
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