The Fair Share Report
12 Georgetown 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 $403,811 – $497,663, 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 $472,961 home should be assessed near $250,433.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $47,133 below what the ratio math suggests (18.8%).
Step 4 · The tax rate — same for every Berkeley home
$1.213 Schools · 47% $0.582 County · 22% $0.795 Town · 31%
This home's own bill implies $2.467 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
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 |
|---|---|---|---|---|
| 4 RAVENNA CT | 2026-05 | $376,000 | 1,734 | 42.5% |
| 268 HARRINGTON DR NORTH | 2025-10 | $464,900 | 1,661 | 46.3% |
| 7 BEDFORD CT | 2026-04 | $305,000 | 1,648 | 42.8% |
| 13 CANARIES CT | 2025-08 | $490,000 | 1,762 | 34.4% |
| 153 TORREY PINES DR | 2025-05 | $440,000 | 1,720 | 48.4% |
| 767 JAMAICA BLVD | 2026-06 | $540,000 | 1,896 | 30.3% |
| 26 BELMONT AVE | 2025-05 | $467,500 | 1,712 | 50.3% |
| 69 MALLARD RD | 2025-12 | $470,000 | 1,814 | 57.1% |
| 82 SCOTT CT | 2026-04 | $530,000 | 1,604 | 44.2% |
| 38 BELMONT AVE | 2025-12 | $495,000 | 1,736 | 51.8% |
| 73 VIRGIN ISLANDS DR | 2025-05 | $426,000 | 1,720 | 46.1% |
| 76 RONALD AVE SOUTH | 2025-10 | $905,000 | 1,694 | 45.8% |
Is this your house?
Run your own report →