The Fair Share Report
64 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 $329,247 – $433,153, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,488 sq ft.
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 $379,900 home should be assessed near $201,157.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $44,057 below what the ratio math suggests (21.9%).
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 |
|---|---|---|---|---|
| 34 BEAVERBROOK DR | 2025-04 | $379,900 | 1,488 | 41.8% |
| 57 DREYFUS CT | 2025-04 | $375,000 | 1,494 | 45.4% |
| 15 BEAVERBROOK DR | 2025-08 | $335,000 | 1,514 | 37.3% |
| 53 WHITAKER DR | 2025-10 | $435,000 | 1,494 | 35.0% |
| 75 WHITMORE DR | 2025-09 | $530,000 | 1,514 | 41.4% |
| 6 FAIRFIELD RD | 2025-02 | $277,500 | 1,494 | 45.4% |
| 67 STORM JIB CT | 2025-04 | $795,000 | 1,460 | 51.3% |
| 30 NOSTRAND DR | 2025-10 | $434,900 | 1,494 | 45.6% |
| 23 ZEELAND DR | 2025-11 | $400,000 | 1,514 | 39.2% |
| 103 EDGEWATER CT | 2026-04 | $320,000 | 1,494 | 44.9% |
| 16 MANASSAS DR | 2025-12 | $415,000 | 1,514 | 36.7% |
| 105 CASTLETON DR | 2025-12 | $330,000 | 1,514 | 38.7% |
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