The Fair Share Report
39 Georgetown Dr
Berkeley, NJ 08050
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 $222,222 – $276,000, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,092 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 $240,000 home should be assessed near $127,080.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $39,320 above what the ratio math suggests (30.9%).
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%80%
A touch high — worth watching
This home's ratio sits above most of Berkeley, but doesn't clear NJ's legal appeal line (60.89%).
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 36 ST CROIX ST | 2025-06 | $335,000 | 1,092 | 47.0% |
| 23 ANGUILLA LN | 2025-06 | $276,000 | 1,092 | 38.6% |
| 434 ST THOMAS DR | 2025-04 | $229,000 | 1,092 | 66.5% |
| 3 MARGARITA ST | 2026-04 | $215,000 | 1,092 | 46.3% |
| 192 CHARLOTTEVILLE DR S | 2026-01 | $245,000 | 1,092 | 45.2% |
| 116 GUADELOUPE DR | 2025-12 | $245,000 | 1,092 | 41.0% |
| 458 JAMAICA BLVD | 2025-10 | $239,000 | 1,092 | 43.5% |
| 24 HARRINGTON DR SOUTH | 2025-09 | $395,000 | 1,092 | 33.6% |
| 440 ST THOMAS DR | 2025-04 | $240,000 | 1,092 | 45.7% |
| 7 FREDERIKSTED ST | 2025-03 | $222,222 | 1,092 | 62.3% |
| 42 HARRINGTON DR SOUTH | 2025-01 | $235,000 | 1,092 | 43.3% |
| 13 ST MARTIN PL | 2025-05 | $218,000 | 1,092 | 72.3% |
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