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.

Step 1 · Market value

≈ $277,141

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

52.95%

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

$112,700

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

$2.590 per $100 assessed

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

Step 5 · The bill

$2,919/yr
Public schools$1,367
Ocean County$656
Town of Berkeley$896
Berkeley average$5,442

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

Town median 46.3%
This home · 40.7%

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)

AddressSoldPriceSq ftRatio
38 ETON RD2026-03$265,0001,20143.5%
128 MILL CREEK RD2025-02$415,0001,19049.4%
80 WESTBROOK DR2025-09$220,0001,210104.4%
63 MALLARD RD2026-05$415,0001,18451.7%
3 MONTEGO ST2026-05$264,5001,23287.5%
32 HARRINGTON DR SOUTH2025-12$339,0001,23239.8%
9 PORT ROYAL DR2025-11$235,0001,23251.7%
36 GEORGETOWN DR2025-10$339,0001,23256.9%
493 ST THOMAS DR2025-05$318,5001,23223.2%
13 WILLOUGHBY CT2025-12$309,0001,15345.7%
969 RICHARD RD2026-03$340,0001,15261.6%
267 CHARLOTTEVILLE DR N2025-01$279,0001,21441.9%

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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 →