The Fair Share Report
25 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $275,000 – $346,000, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,232 sq ft.
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 $290,000 home should be assessed near $153,555.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $27,245 above what the ratio math suggests (17.7%).
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
30%71%
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 |
|---|---|---|---|---|
| 76 TROUMAKA ST | 2026-05 | $286,000 | 1,232 | 40.9% |
| 71 TROUMAKA ST | 2026-01 | $334,000 | 1,232 | 34.8% |
| 8 KRESSON CT | 2025-06 | $305,000 | 1,232 | 43.6% |
| 2 CARDIFF CT | 2025-03 | $290,000 | 1,232 | 42.2% |
| 289 COSTA MESA DR | 2026-02 | $272,500 | 1,232 | 45.8% |
| 227 TORREY PINES DR | 2025-10 | $349,000 | 1,232 | 36.9% |
| 3 REDLANDS CT | 2025-08 | $375,000 | 1,232 | 33.9% |
| 1 CARDIFF CT | 2025-08 | $256,000 | 1,232 | 46.0% |
| 177 CABRILLO BLVD | 2025-03 | $335,000 | 1,232 | 41.3% |
| 219 TORREY PINES DR | 2025-01 | $280,000 | 1,232 | 44.3% |
| 9 BANNING CT | 2025-08 | $275,000 | 1,232 | 60.5% |
| 374 PORT ROYAL DR | 2025-11 | $281,000 | 1,232 | 44.0% |
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