The Fair Share Report

26 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

≈ $383,441

Likely range $297,695 – $434,889, 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 $383,441 home should be assessed near $203,032.

Step 3 · Assessed value

$176,300

Set at the last town-wide revaluation and mostly frozen since. That's $26,732 below what the ratio math suggests (13.2%).

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%

This home's own bill implies $2.448 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$4,316/yr

Public schools$2,021

Ocean County$970

Town of Berkeley$1,325

Berkeley average$5,442

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

Town median 46.3%

Appeal line 60.89%

This home · 46.0%

30%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)

Address	Sold	Price	Sq ft	Ratio
12 NELSON CT	2026-01	$420,000	1,580	44.4%
24 BIABOU DR	2025-11	$215,000	1,552	59.0%
13 COBHAM CT	2025-06	$412,000	1,514	29.3%
82 SCOTT CT	2026-04	$530,000	1,604	44.2%
3 SHAW CT	2025-09	$340,000	1,494	41.1%
10 SEVILLE PL	2026-05	$245,000	1,531	53.0%
4 RUTLAND DR	2026-05	$315,000	1,494	38.8%
89 BRAKENBURY DR	2025-08	$285,000	1,494	56.8%
10 NORFOLK DR	2025-02	$300,000	1,514	63.5%
66 LIBERTA DR	2025-12	$409,900	1,608	53.3%
24 RUTLAND DR	2026-04	$339,000	1,494	39.2%
17 MONTREAL CT	2025-07	$399,000	1,484	44.5%

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