The Fair Share Report

35 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

≈ $297,632

Likely range $204,901 – $346,415, 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 $297,632 home should be assessed near $157,596.

Step 3 · Assessed value

$109,900

Set at the last town-wide revaluation and mostly frozen since. That's $47,696 below what the ratio math suggests (30.3%).

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

$2,846/yr
Public schools$1,333
Ocean County$640
Town of Berkeley$874
Berkeley average$5,442

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

Town median 46.3%
This home · 36.9%

26%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
124 NORTHUMBERLAND DR2026-03$190,0001,13950.0%
29 CARLISLE RD2025-02$210,0001,14168.2%
9 GOWER RD2025-10$279,0001,14140.0%
38 ETON RD2026-03$265,0001,20143.5%
135 NORTHUMBERLAND DR2026-04$335,0001,13931.1%
24 CARLISLE RD2025-03$390,0001,12631.2%
106 NORTHUMBERLAND DR2025-11$325,0001,12234.7%
13 WILLOUGHBY CT2025-12$309,0001,15345.7%
22 DOWN CT2026-04$330,0001,14030.7%
36 HATFIELD RD2025-05$290,0001,14037.1%
1 HAMPSHIRE RD2026-05$315,0001,12133.7%
160 WESTBROOK DR2026-05$210,0001,12151.4%

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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 →