The Fair Share Report
98 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 $317,073 – $389,923, 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 $364,454 home should be assessed near $192,978.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $8,822 above what the ratio math suggests (4.6%).
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 $2.466 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%69%
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 |
|---|---|---|---|---|
| 5 PRINCE CHARLES DR | 2026-05 | $383,999 | 1,545 | 47.9% |
| 53 STOCKPORT DR | 2025-07 | $410,000 | 1,545 | 45.1% |
| 155 CANTERBURY LN | 2025-05 | $325,000 | 1,545 | 56.2% |
| 49 STOCKPORT DR | 2026-02 | $375,000 | 1,545 | 48.7% |
| 1 MAPLETON RD | 2025-07 | $510,000 | 1,514 | 26.1% |
| 180 SYLVAN LAKE BLVD | 2025-08 | $385,000 | 1,538 | 49.2% |
| 195 CANTERBURY LN | 2025-06 | $365,000 | 1,584 | 50.9% |
| 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% |
| 59 TRENT DR | 2025-05 | $355,000 | 1,502 | 50.3% |
| 44 WESTPORT DR | 2025-09 | $365,000 | 1,514 | 35.5% |
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