The Fair Share Report

110 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.

Step 1 · Market value

≈ $257,496

Likely range $241,339 – $280,721, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,135 sq ft.

Step 2 · The Director's Ratio

52.95%

The state's official measure of how far Berkeley assessments sit below market value — republished every October, applied town-wide. A $257,496 home should be assessed near $136,344.

Step 3 · Assessed value

$107,000

Set at the last town-wide revaluation and mostly frozen since. That's $29,344 below what the ratio math suggests (21.5%).

Step 4 · The tax rate — same for every Berkeley home

$2.590 per $100 assessed

$1.213 Schools · 47% $0.582 County · 22% $0.795 Town · 31%

Step 5 · The bill

$2,771/yr
Public schools$1,298
Ocean County$623
Town of Berkeley$851
Berkeley average$5,442

This home vs. every recent Berkeley sale · assessed ÷ market

Town median 46.3%
This home · 41.6%

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)

AddressSoldPriceSq ftRatio
35 WESTBROOK DR2025-10$140,0001,14076.4%
36 TORTOLA ST2026-05$255,0001,12443.7%
26 CHRISTIANSTED ST2026-02$274,9001,12439.4%
214 CHARLOTTEVILLE DR N2025-11$300,0001,12437.9%
37 SCARBOROUGH PL2025-08$239,0001,12445.4%
7 GEORGETOWN DR2025-07$220,0001,12448.0%
5 FALMOUTH ST2025-06$278,0001,12442.5%
54 TORTOLA ST2025-04$280,0001,12439.6%
166 HARRINGTON DR NORTH2025-04$289,9001,12450.1%
404 JAMAICA BLVD2025-03$265,0001,12447.9%
426 ST THOMAS DR2025-03$245,0001,12460.4%
11 FALMOUTH ST2025-02$210,0001,12465.4%

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Estimates from public records — NJ MOD-IV assessments, SR1A usable sales, and Treasury/DCA rate tables. Your house has a history. Write the next chapter on Plotline →