The Fair Share Report
108 Georgetown Rd
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 $225,000 – $374,646, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,059 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 $256,992 home should be assessed near $136,077.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $32,877 below what the ratio math suggests (24.2%).
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
22%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 |
|---|---|---|---|---|
| 80 BRAKENBURY DR | 2025-07 | $225,000 | 1,059 | 244.4% |
| 18 NORTHUMBERLAND DR | 2025-10 | $400,000 | 1,069 | 26.7% |
| 18 NORTHUMBERLAND DR | 2025-06 | $212,500 | 1,069 | 50.3% |
| 75 BRAKENBURY DR | 2025-01 | $226,000 | 1,074 | 61.0% |
| 9 CARLISLE RD | 2026-05 | $220,000 | 1,059 | 45.1% |
| 527 JAMAICA BLVD | 2025-11 | $265,000 | 1,092 | 84.2% |
| 34 TORTOLA ST | 2025-11 | $244,000 | 1,092 | 47.3% |
| 24 HARRINGTON DR SOUTH | 2025-09 | $395,000 | 1,092 | 33.6% |
| 440 ST THOMAS DR | 2025-04 | $240,000 | 1,092 | 45.7% |
| 42 HARRINGTON DR SOUTH | 2025-01 | $235,000 | 1,092 | 43.3% |
| 21 PARK AVE | 2025-09 | $375,000 | 1,060 | 62.0% |
| 20 FAIRWOOD DR | 2026-03 | $450,000 | 1,064 | 48.1% |
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