The Fair Share Report
114 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 $239,159 – $340,852, 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 $296,466 home should be assessed near $156,979.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $34,179 below what the ratio math suggests (21.8%).
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 |
|---|---|---|---|---|
| 3 MONTEGO ST | 2026-05 | $264,500 | 1,232 | 87.5% |
| 32 HARRINGTON DR SOUTH | 2025-12 | $339,000 | 1,232 | 39.8% |
| 9 PORT ROYAL DR | 2025-11 | $235,000 | 1,232 | 51.7% |
| 36 GEORGETOWN DR | 2025-10 | $339,000 | 1,232 | 56.9% |
| 493 ST THOMAS DR | 2025-05 | $318,500 | 1,232 | 23.2% |
| 153 FT DE FRANCE AVE | 2025-02 | $319,900 | 1,264 | 5.6% |
| 214 HARRINGTON DR NORTH | 2025-12 | $355,000 | 1,246 | 50.0% |
| 6 FALMOUTH ST | 2026-03 | $292,900 | 1,232 | 41.5% |
| 10 SPANISH WELLS ST | 2025-11 | $315,000 | 1,232 | 38.1% |
| 778 JAMAICA BLVD | 2025-09 | $200,000 | 1,232 | 61.0% |
| 120 FT DE FRANCE AVE | 2025-08 | $330,000 | 1,232 | 37.3% |
| 78 FT DE FRANCE AVE | 2025-06 | $235,000 | 1,232 | 76.2% |
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