The Fair Share Report
11 Morongo Ct
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 $270,000 – $390,000, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,232 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 $298,842 home should be assessed near $158,237.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $20,863 above what the ratio math suggests (13.2%).
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
30%72%
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 |
|---|---|---|---|---|
| 257 SANDLEWOOD DR | 2026-03 | $740,000 | 1,248 | 48.6% |
| 17 KILLINGTON RD | 2025-04 | $330,000 | 1,095 | 59.2% |
| 73 GUADALAJARA DR | 2025-08 | $315,000 | 1,232 | 39.2% |
| 73 GUADALAJARA DR | 2025-05 | $240,000 | 1,232 | 51.4% |
| 51 GOOD LUCK DRIVE | 2026-04 | $940,000 | 1,056 | 25.5% |
| 138 SPOONBILL HOLLOW | 2025-05 | $290,000 | 1,220 | 66.2% |
| 119 SANDPIPER LN | 2025-04 | $310,000 | 1,278 | 45.7% |
| 103 SANDPIPER LN | 2025-04 | $327,000 | 1,278 | 56.3% |
| 134 PULASKI BLVD | 2026-03 | $230,000 | 1,232 | 54.6% |
| 12 SANTO DOMINGO DR | 2025-11 | $390,000 | 1,232 | 30.7% |
| 93 PARADISE BLVD | 2025-02 | $270,000 | 1,232 | 63.1% |
| 6 MADRAS CT | 2025-07 | $391,000 | 1,232 | 48.3% |
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