The Fair Share Report
12 Coventry Rd
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 $315,000 – $434,900, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,494 sq ft.
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 $401,689 home should be assessed near $212,694.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $91,994 below what the ratio math suggests (43.3%).
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
22%68%
Keep quiet and enjoy it
This home's assessment ratio sits below the Berkeley pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 3 SHAW CT | 2025-09 | $340,000 | 1,494 | 41.1% |
| 223 WESTBROOK DR | 2025-06 | $411,000 | 1,494 | 34.5% |
| 4 RUTLAND DR | 2026-05 | $315,000 | 1,494 | 38.8% |
| 24 RUTLAND DR | 2026-04 | $339,000 | 1,494 | 39.2% |
| 89 BRAKENBURY DR | 2025-08 | $285,000 | 1,494 | 56.8% |
| 13 COBHAM CT | 2025-06 | $412,000 | 1,514 | 29.3% |
| 10 NORFOLK DR | 2025-02 | $300,000 | 1,514 | 63.5% |
| 17 MONTREAL CT | 2025-07 | $399,000 | 1,484 | 44.5% |
| 427 HARDING AVE | 2025-06 | $509,000 | 1,480 | 47.5% |
| 227 TWENTY-SECOND AVE | 2025-04 | $830,000 | 1,470 | 51.0% |
| 210 LAKEWOOD AVE | 2025-04 | $432,100 | 1,474 | 56.8% |
| 208 BONAIRE DR | 2025-12 | $260,000 | 1,472 | 49.1% |
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