The Fair Share Report
81 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 $274,194 – $613,030, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,360 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 $325,000 home should be assessed near $172,088.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $18,888 below what the ratio math suggests (11.0%).
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
20%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 |
|---|---|---|---|---|
| 73 SHEEPSHEAD DR | 2025-09 | $307,000 | 1,360 | 50.3% |
| 73 WHITMORE DR | 2025-08 | $355,000 | 1,360 | 42.6% |
| 79 TOP SAIL CT | 2025-10 | $775,000 | 1,366 | 39.4% |
| 128 WESTPORT DR | 2026-01 | $260,000 | 1,360 | 47.6% |
| 25 BENNINGTON DR | 2025-01 | $250,000 | 1,360 | 72.4% |
| 46 AUBURN RD | 2025-11 | $307,500 | 1,360 | 39.6% |
| 18 WESTPORT DR | 2025-09 | $330,000 | 1,360 | 39.1% |
| 18 PULASKI BLVD | 2026-06 | $290,000 | 1,364 | 43.1% |
| 16 LA COMBE TERR | 2026-05 | $170,000 | 1,364 | 74.4% |
| 56 MILLBROOK DR | 2025-10 | $477,000 | 1,360 | 31.4% |
| 49 WESTPORT DR | 2025-08 | $325,000 | 1,360 | 38.7% |
| 82 SPINNAKER CT | 2025-11 | $735,000 | 1,401 | 50.6% |
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