The Fair Share Report
307 St Thomas 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 $224,511 – $289,721, 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 $253,686 home should be assessed near $134,327.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $24,427 below what the ratio math suggests (18.2%).
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
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 |
|---|---|---|---|---|
| 429 ST THOMAS DR | 2026-03 | $260,000 | 1,147 | 43.1% |
| 109 EDINBURGH CT | 2025-07 | $230,000 | 1,153 | 45.6% |
| 2 STANFORD DR | 2025-06 | $250,000 | 1,153 | 53.8% |
| 7 CAMBRIDGE CT | 2025-05 | $275,000 | 1,153 | 43.1% |
| 496 ST THOMAS DR | 2026-06 | $273,000 | 1,124 | 40.5% |
| 41 ST DAVID DR | 2026-03 | $220,000 | 1,124 | 48.3% |
| 5 LE LAMENTIN DR | 2026-03 | $220,000 | 1,124 | 51.9% |
| 160 CHARLOTTEVILLE DR S | 2025-12 | $309,000 | 1,124 | 37.9% |
| 85 BARBADOS DR SOUTH | 2025-09 | $343,000 | 1,124 | 32.6% |
| 477 ST THOMAS DR | 2025-08 | $220,000 | 1,124 | 51.0% |
| 471 ST THOMAS DR | 2025-07 | $309,900 | 1,124 | 34.3% |
| 319 ST THOMAS DR | 2025-03 | $265,000 | 1,124 | 39.5% |
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