The Fair Share Report
27 Georgetown 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 $230,330 – $326,195, 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 $273,944 home should be assessed near $145,053.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $31,453 below what the ratio math suggests (21.7%).
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
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 32 HARRINGTON DR SOUTH | 2025-12 | $339,000 | 1,232 | 39.8% |
| 9 PORT ROYAL DR | 2025-11 | $235,000 | 1,232 | 51.7% |
| 10 SPANISH WELLS ST | 2025-11 | $315,000 | 1,232 | 38.1% |
| 778 JAMAICA BLVD | 2025-09 | $200,000 | 1,232 | 61.0% |
| 120 FT DE FRANCE AVE | 2025-08 | $330,000 | 1,232 | 37.3% |
| 38 ETON RD | 2026-03 | $265,000 | 1,201 | 43.5% |
| 7 GEORGETOWN DR | 2025-07 | $220,000 | 1,124 | 48.0% |
| 110 GEORGETOWN RD | 2025-03 | $265,000 | 1,135 | 40.4% |
| 17 CHRISTIANSTED ST | 2026-01 | $262,470 | 1,232 | 45.6% |
| 246 CHARLOTTEVILLE DR N | 2025-05 | $245,000 | 1,232 | 49.0% |
| 214 CHARLOTTEVILLE DR N | 2025-11 | $300,000 | 1,124 | 37.9% |
| 5 FALMOUTH ST | 2025-06 | $278,000 | 1,124 | 42.5% |
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