The Fair Share Report
128 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 $250,780 – $335,622, 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 $277,141 home should be assessed near $146,746.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $34,046 below what the ratio math suggests (23.2%).
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
28%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 |
|---|---|---|---|---|
| 38 ETON RD | 2026-03 | $265,000 | 1,201 | 43.5% |
| 128 MILL CREEK RD | 2025-02 | $415,000 | 1,190 | 49.4% |
| 80 WESTBROOK DR | 2025-09 | $220,000 | 1,210 | 104.4% |
| 63 MALLARD RD | 2026-05 | $415,000 | 1,184 | 51.7% |
| 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% |
| 13 WILLOUGHBY CT | 2025-12 | $309,000 | 1,153 | 45.7% |
| 969 RICHARD RD | 2026-03 | $340,000 | 1,152 | 61.6% |
| 267 CHARLOTTEVILLE DR N | 2025-01 | $279,000 | 1,214 | 41.9% |
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