The Fair Share Report
8 Sheffield 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 $404,596 – $704,478, 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 $443,340 home should be assessed near $234,749.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $12,651 above what the ratio math suggests (5.4%).
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 |
|---|---|---|---|---|
| 140 SYLVAN LAKE BLVD | 2025-07 | $360,000 | 1,832 | 56.6% |
| 127 SYLVAN LAKE BLVD | 2025-08 | $439,000 | 1,726 | 44.9% |
| 187 PRINCE CHARLES DR | 2025-08 | $380,000 | 1,749 | 14.3% |
| 32 TOPPINGLIFT DR | 2026-01 | $619,888 | 1,710 | 65.3% |
| 96 SANDPIPER DR | 2026-01 | $390,000 | 1,726 | 51.4% |
| 329 BAYVIEW AVE | 2025-01 | $980,000 | 1,898 | 54.1% |
| 16 LENA CT | 2025-07 | $505,000 | 1,761 | 48.3% |
| 124 AMHERST DR | 2025-06 | $840,000 | 1,840 | 42.9% |
| 24 CHUTNEY ST | 2026-06 | $420,000 | 1,829 | 42.2% |
| 4 SYMPHONY AVE | 2026-06 | $410,000 | 1,687 | 51.6% |
| 92 BUTLER AVE | 2025-06 | $447,000 | 1,832 | 47.8% |
| 37 BUTLER AVE | 2026-03 | $415,000 | 1,732 | 47.3% |
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