The Fair Share Report
143 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 $275,012 – $398,001, 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 $316,396 home should be assessed near $167,532.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $44,968 above what the ratio math suggests (26.8%).
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 $2.472 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%83%
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 |
|---|---|---|---|---|
| 9 CHARLOTTEVILLE DR S | 2026-05 | $327,000 | 1,356 | 39.4% |
| 151 GUADELOUPE DR | 2026-04 | $317,500 | 1,328 | 37.8% |
| 156 GUADELOUPE DR | 2025-11 | $320,000 | 1,328 | 38.4% |
| 1453 BARNEGAT AVE | 2026-04 | $925,000 | 1,314 | 43.2% |
| 327 HAYES AVE | 2025-04 | $480,000 | 1,368 | 44.2% |
| 162 HARRINGTON DR NORTH | 2026-02 | $295,000 | 1,328 | 40.9% |
| 15 ST EUSTATIUS ST | 2025-11 | $245,000 | 1,328 | 46.6% |
| 19 PORT ROYAL DR | 2025-07 | $242,000 | 1,328 | 71.4% |
| 9 WESTBROOK DR | 2025-01 | $251,000 | 1,318 | 79.7% |
| 17 TORTOLA ST | 2025-04 | $311,000 | 1,328 | 40.2% |
| 49 ETON RD | 2026-05 | $315,200 | 1,318 | 38.0% |
| 77 WESTBROOK DR | 2025-08 | $405,000 | 1,318 | 45.6% |
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