The Fair Share Report
108 Pheasant Dr
Berkeley, NJ 08721
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 $251,126 – $395,869, 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 $301,619 home should be assessed near $159,707.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $45,293 above what the ratio math suggests (28.4%).
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%87%
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 |
|---|---|---|---|---|
| 1453 BARNEGAT AVE | 2026-04 | $925,000 | 1,314 | 43.2% |
| 9 CHARLOTTEVILLE DR S | 2026-05 | $327,000 | 1,356 | 39.4% |
| 410 JAMAICA BLVD | 2025-10 | $379,900 | 1,304 | 42.7% |
| 363 ROBERTS AVE | 2026-05 | $995,000 | 1,260 | 50.1% |
| 151 GUADELOUPE DR | 2026-04 | $317,500 | 1,328 | 37.8% |
| 156 GUADELOUPE DR | 2025-11 | $320,000 | 1,328 | 38.4% |
| 9 WESTBROOK DR | 2025-01 | $251,000 | 1,318 | 79.7% |
| 93 BARBADOS DR SOUTH | 2025-07 | $291,250 | 1,264 | 41.6% |
| 555 JAMAICA BLVD | 2025-06 | $267,500 | 1,264 | 43.1% |
| 8 KINSALE ST | 2025-05 | $250,000 | 1,264 | 63.3% |
| 317 ST THOMAS DR | 2024-12 | $250,000 | 1,264 | 3.0% |
| 327 HAYES AVE | 2025-04 | $480,000 | 1,368 | 44.2% |
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