The Fair Share Report

22 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.

Step 1 · Market value

≈ $287,922

Likely range $264,740 – $355,925, from 12 comparable Berkeley sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

52.95%

The state's official measure of how far Berkeley assessments sit below market value — republished every October, applied town-wide. A $287,922 home should be assessed near $152,455.

Step 3 · Assessed value

$117,600

Set at the last town-wide revaluation and mostly frozen since. That's $34,855 below what the ratio math suggests (22.9%).

Step 4 · The tax rate — same for every Berkeley home

$2.590 per $100 assessed

$1.213 Schools · 47% $0.582 County · 22% $0.795 Town · 31%

Step 5 · The bill

$3,046/yr
Public schools$1,426
Ocean County$684
Town of Berkeley$935
Berkeley average$5,442

This home vs. every recent Berkeley sale · assessed ÷ market

Town median 46.3%
This home · 40.8%

28%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)

AddressSoldPriceSq ftRatio
267 CHARLOTTEVILLE DR N2025-01$279,0001,21441.9%
13 SHAW CT2026-02$291,0001,22945.5%
60 BIABOU DR2026-05$320,0001,23235.3%
2 TAJ MAHAL CT2026-03$264,0001,23244.7%
959 JAMAICA BLVD2026-03$440,0001,23230.5%
861 JAMAICA BLVD2025-11$308,0001,23242.4%
16 ELDORADO ST2025-08$325,0001,23239.5%
107 BONAIRE DR2025-05$290,0001,23240.8%
120 BIABOU DR2025-04$378,4501,23231.0%
30 ROMAN ST2025-01$289,9001,23240.6%
80 WESTBROOK DR2025-09$220,0001,210104.4%
38 ETON RD2026-03$265,0001,20143.5%

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Estimates from public records — NJ MOD-IV assessments, SR1A usable sales, and Treasury/DCA rate tables. Your house has a history. Write the next chapter on Plotline →