The Fair Share Report
47 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 $324,468 – $425,963, 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 $397,797 home should be assessed near $210,634.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $20,234 below what the ratio math suggests (9.6%).
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%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 |
|---|---|---|---|---|
| 4 PEBBLE BEACH CT | 2026-06 | $255,000 | 1,712 | 48.4% |
| 4 PEBBLE BEACH CT | 2026-04 | $175,000 | 1,712 | 70.6% |
| 16 MERRILEE LN | 2025-11 | $393,000 | 1,652 | 42.8% |
| 66 LIBERTA DR | 2025-12 | $409,900 | 1,608 | 53.3% |
| 9 TEMPLETON ST | 2025-06 | $450,000 | 1,656 | 46.3% |
| 89 OCEAN GATE AVE | 2025-03 | $730,000 | 1,740 | 52.7% |
| 36 BUENA VISA DR | 2025-03 | $380,000 | 1,580 | 52.7% |
| 8 SANTIAGO DR WEST | 2025-03 | $399,000 | 1,580 | 51.8% |
| 141 PARADISE BLVD | 2025-05 | $430,000 | 1,601 | 31.1% |
| 23 MANITOBA CT | 2026-05 | $359,900 | 1,601 | 36.9% |
| 43 SANTO DOMINGO DR | 2026-01 | $347,000 | 1,601 | 39.5% |
| 8 MANITOBA CT | 2026-01 | $305,000 | 1,601 | 53.9% |
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