The Fair Share Report

6 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

≈ $322,892

Likely range $285,000 – $392,962, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,340 sq ft.

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 $322,892 home should be assessed near $170,971.

Step 3 · Assessed value

$113,500

Set at the last town-wide revaluation and mostly frozen since. That's $57,471 below what the ratio math suggests (33.6%).

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

$2,940/yr
Public schools$1,377
Ocean County$661
Town of Berkeley$902
Berkeley average$5,442

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

Town median 46.3%
This home · 35.2%

23%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)

AddressSoldPriceSq ftRatio
4 ROMAN ST2025-03$385,0001,32844.6%
65 NORTHUMBERLAND DR2026-04$350,0001,31834.9%
136 GEORGETOWN RD2025-09$285,0001,34041.7%
111 LANGLEY CT2025-07$409,0001,31831.8%
143 WESTBROOK DR2025-06$290,0001,31839.9%
12 ELY CT2025-09$292,0001,36641.4%
77 WESTBROOK DR2025-08$405,0001,31845.6%
33 WHITMORE DR2026-03$255,0001,34051.8%
41 ETON RD2025-07$343,5001,33835.2%
10 MARATHON ST2026-01$320,0001,32839.0%
15 SAN SALVADOR ST2025-04$300,0001,32841.0%
94 HYANNIS ST2025-02$220,0001,32881.6%

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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 →