The Fair Share Report
94 Narberth 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 $333,536 – $429,396, 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 $391,821 home should be assessed near $207,469.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $27,631 above what the ratio math suggests (13.3%).
Step 4 · The tax rate — same for every Berkeley home
$1.213 Schools · 47% $0.582 County · 22% $0.795 Town · 31%
This home's own bill implies $2.484 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Berkeley sale · assessed ÷ market
30%76%
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 |
|---|---|---|---|---|
| 85 SAN CARLOS ST | 2025-04 | $235,000 | 1,776 | 61.3% |
| 187 PRINCE CHARLES DR | 2025-08 | $380,000 | 1,749 | 14.3% |
| 32 TOPPINGLIFT DR | 2026-01 | $619,888 | 1,710 | 65.3% |
| 127 SYLVAN LAKE BLVD | 2025-08 | $439,000 | 1,726 | 44.9% |
| 4 SYMPHONY AVE | 2026-06 | $410,000 | 1,687 | 51.6% |
| 96 SANDPIPER DR | 2026-01 | $390,000 | 1,726 | 51.4% |
| 16 MERRILEE LN | 2025-11 | $393,000 | 1,652 | 42.8% |
| 8 STOCKPORT DR | 2025-12 | $330,000 | 1,601 | 49.4% |
| 66 PARADISE BLVD | 2025-10 | $240,000 | 1,601 | 55.4% |
| 104 PARADISE BLVD | 2025-07 | $280,000 | 1,601 | 69.4% |
| 140 SYLVAN LAKE BLVD | 2025-07 | $360,000 | 1,832 | 56.6% |
| 52 CANTERBURY LN | 2026-02 | $400,000 | 1,615 | 47.1% |
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