The Fair Share Report
95 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 $317,728 – $398,665, 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 $337,505 home should be assessed near $178,709.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $2,309 below what the ratio math suggests (1.3%).
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 $2.448 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%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 |
|---|---|---|---|---|
| 47 BUTLER AVE | 2025-09 | $411,000 | 1,381 | 37.4% |
| 25 TROPICANA CT | 2025-12 | $425,000 | 1,364 | 43.7% |
| 72 NARBERTH WAY | 2026-02 | $380,000 | 1,356 | 236.6% |
| 72 NARBERTH WAY | 2025-04 | $355,000 | 1,356 | 253.2% |
| 77 CHESTERFIELD LN | 2025-11 | $307,000 | 1,364 | 49.8% |
| 44 CANTERBURY LN | 2025-05 | $370,000 | 1,415 | 48.4% |
| 14 PORTSMOUTH DR | 2026-04 | $315,000 | 1,364 | 48.6% |
| 55 SELKIRK AVE | 2026-01 | $279,900 | 1,364 | 44.7% |
| 248 ORLANDO BLVD | 2025-12 | $318,000 | 1,364 | 39.1% |
| 52 SANTIAGO CT | 2025-09 | $306,700 | 1,364 | 41.2% |
| 8 PORTSMOUTH DR | 2025-07 | $400,000 | 1,364 | 55.8% |
| 232 ORLANDO BLVD | 2025-06 | $325,000 | 1,364 | 39.6% |
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