The Fair Share Report
101 Sheepshead Dr
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
Likely range $383,474 – $672,115, 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 $443,585 home should be assessed near $234,878.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $21,778 below what the ratio math suggests (9.3%).
Step 4 · The tax rate — same for every Berkeley home
$1.213 Schools · 47% $0.582 County · 22% $0.795 Town · 31%
Step 5 · The bill
This home vs. every recent Berkeley sale · assessed ÷ market
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 78 TOP SAIL CT | 2025-08 | $665,000 | 1,819 | 63.3% |
| 9 ST FRANCOIS CT | 2026-04 | $580,000 | 1,812 | 25.4% |
| 89 OCEAN GATE AVE | 2025-03 | $730,000 | 1,740 | 52.7% |
| 73 VIRGIN ISLANDS DR | 2025-05 | $426,000 | 1,720 | 46.1% |
| 92 BUTLER AVE | 2025-06 | $447,000 | 1,832 | 47.8% |
| 124 AMHERST DR | 2025-06 | $840,000 | 1,840 | 42.9% |
| 37 BUTLER AVE | 2026-03 | $415,000 | 1,732 | 47.3% |
| 85 SAN CARLOS ST | 2025-04 | $235,000 | 1,776 | 61.3% |
| 13 CANARIES CT | 2025-08 | $490,000 | 1,762 | 34.4% |
| 24 CHUTNEY ST | 2026-06 | $420,000 | 1,829 | 42.2% |
| 3 DRAKE DR | 2025-09 | $670,000 | 1,884 | 59.9% |
| 104 BUTLER AVE | 2025-09 | $414,000 | 1,888 | 50.3% |
Is this your house?
Run your own report →