The Fair Share Report
7 Lismore 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 $237,576 – $378,062, 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 $277,918 home should be assessed near $147,158.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $16,458 below what the ratio math suggests (11.2%).
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
29%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 |
|---|---|---|---|---|
| 52 ORLANDO BLVD | 2025-12 | $255,000 | 1,292 | 48.7% |
| 205 TORREY PINES DR | 2025-09 | $375,000 | 1,328 | 33.7% |
| 94 TROUMAKA ST | 2025-08 | $187,000 | 1,328 | 69.0% |
| 8 DORAL DR | 2025-06 | $240,000 | 1,328 | 78.1% |
| 4 BEAUMONT CT | 2025-02 | $440,000 | 1,328 | 28.1% |
| 260 COSTA MESA DR | 2025-09 | $349,900 | 1,232 | 52.9% |
| 26 PINE VALLEY DR | 2025-07 | $345,000 | 1,232 | 34.8% |
| 15 ROXTON PL | 2025-11 | $250,000 | 1,328 | 49.8% |
| 22 INVERELL DR | 2026-04 | $298,000 | 1,364 | 41.7% |
| 4 AUGUSTA CT | 2025-10 | $336,000 | 1,364 | 38.1% |
| 41 INNSBRUCK DR | 2025-08 | $369,000 | 1,364 | 35.2% |
| 11 SELKIRK AVE | 2026-02 | $275,000 | 1,328 | 45.1% |
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