The Fair Share Report
42 Gower Ct
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 $259,937 – $331,983, 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 $302,032 home should be assessed near $159,926.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $57,126 below what the ratio math suggests (35.7%).
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
26%68%
Keep quiet and enjoy it
This home's assessment ratio sits below the Berkeley pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 8 BRAKENBURY CT | 2025-07 | $325,000 | 1,140 | 40.0% |
| 68 WESTBROOK DR | 2025-07 | $350,000 | 1,140 | 40.4% |
| 110 GEORGETOWN RD | 2025-03 | $265,000 | 1,135 | 40.4% |
| 25 WILLOUGHBY CT | 2025-01 | $278,000 | 1,139 | 41.7% |
| 54 TORTOLA ST | 2025-04 | $280,000 | 1,124 | 39.6% |
| 22 DOWN CT | 2026-04 | $330,000 | 1,140 | 30.7% |
| 36 HATFIELD RD | 2025-05 | $290,000 | 1,140 | 37.1% |
| 13 WILLOUGHBY CT | 2025-12 | $309,000 | 1,153 | 45.7% |
| 3 BONAIRE DR | 2025-08 | $217,000 | 1,124 | 69.0% |
| 4 ST CROIX ST | 2025-06 | $315,000 | 1,124 | 54.7% |
| 62 CASTLE HARBOR DR | 2025-12 | $326,500 | 1,124 | 52.6% |
| 45 PORT ROYAL DR | 2024-12 | $255,000 | 1,124 | 44.5% |
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