The Fair Share Report

21 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

≈ $324,049

Likely range $261,199 – $367,925, 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 $324,049 home should be assessed near $171,584.

Step 3 · Assessed value

$120,900

Set at the last town-wide revaluation and mostly frozen since. That's $50,684 below what the ratio math suggests (29.5%).

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

$3,131/yr
Public schools$1,467
Ocean County$704
Town of Berkeley$961
Berkeley average$5,442

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

Town median 46.3%
This home · 37.3%

27%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
1 REDLANDS CT2026-05$349,0001,23249.2%
54 GORGINIO DR2025-07$400,0001,23244.3%
54 GORGINIO DR2025-03$253,0001,23270.1%
135 RODHOS ST2026-06$225,0001,23254.7%
39 FONTANA ST2026-03$292,5001,23241.1%
2108 CENTRAL AVE 102025-08$649,0001,22542.9%
236 CABRILLO BLVD2026-02$350,0001,23251.9%
2 PECHANGA ST2026-01$275,0001,23246.0%
38 WOODSTOCK DR2026-01$273,0001,23256.1%
1 DAWN WAY2026-01$240,0001,23262.4%
32 PARADISE BLVD2025-08$330,0001,23240.1%
34 CHESTERFIELD LN2025-03$323,0001,23247.2%

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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 →