The Fair Share Report
48 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 $300,172 – $368,679, 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 $330,118 home should be assessed near $174,797.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $26,097 below what the ratio math suggests (14.9%).
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%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 |
|---|---|---|---|---|
| 7 BEAVERBROOK DR | 2025-09 | $339,500 | 1,404 | 43.5% |
| 14 CORTLANDT DR | 2025-03 | $382,500 | 1,404 | 39.0% |
| 82 SPINNAKER CT | 2025-11 | $735,000 | 1,401 | 50.6% |
| 57 INNSBRUCK DR | 2025-06 | $260,000 | 1,364 | 48.5% |
| 367 PORT ROYAL DR | 2026-01 | $187,500 | 1,364 | 65.8% |
| 52 CASTLETON DR | 2026-03 | $315,000 | 1,404 | 39.4% |
| 24 ZEELAND DR | 2025-02 | $310,000 | 1,404 | 48.6% |
| 97 SELKIRK AVE | 2026-02 | $337,000 | 1,364 | 38.0% |
| 12 SAN JACINTO ST | 2025-11 | $338,500 | 1,364 | 37.8% |
| 41 NOSTRAND DR | 2026-05 | $305,000 | 1,404 | 50.5% |
| 266 WESTBROOK DR | 2025-11 | $315,000 | 1,404 | 47.8% |
| 119 CASTLETON DR | 2025-05 | $293,000 | 1,404 | 41.6% |
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