The Fair Share Report

17 Gorginio 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.

Step 1 · Market value

≈ $281,761

Likely range $264,535 – $335,641, 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 $281,761 home should be assessed near $149,192.

Step 3 · Assessed value

$114,500

Set at the last town-wide revaluation and mostly frozen since. That's $34,692 below what the ratio math suggests (23.3%).

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

$2,966/yr
Public schools$1,389
Ocean County$666
Town of Berkeley$910
Berkeley average$5,442

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

Town median 46.3%
This home · 40.6%

29%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
76 TROUMAKA ST2026-05$286,0001,23240.9%
71 TROUMAKA ST2026-01$334,0001,23234.8%
8 KRESSON CT2025-06$305,0001,23243.6%
2 CARDIFF CT2025-03$290,0001,23242.2%
289 COSTA MESA DR2026-02$272,5001,23245.8%
227 TORREY PINES DR2025-10$349,0001,23236.9%
3 REDLANDS CT2025-08$375,0001,23233.9%
1 CARDIFF CT2025-08$256,0001,23246.0%
177 CABRILLO BLVD2025-03$335,0001,23241.3%
219 TORREY PINES DR2025-01$280,0001,23244.3%
287 COSTA MESA DR2025-01$317,5001,16135.6%
2108 CENTRAL AVE 102025-08$649,0001,22542.9%

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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 →