The Fair Share Report
5 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 $239,681 – $457,725, 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 $306,032 home should be assessed near $162,044.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $28,644 below what the ratio math suggests (17.7%).
Step 4 · The tax rate — same for every Berkeley home
$1.213 Schools · 47% $0.582 County · 22% $0.795 Town · 31%
This home's own bill implies $2.215 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Berkeley sale · assessed ÷ market
24%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 |
|---|---|---|---|---|
| 94 TROUMAKA ST | 2025-08 | $187,000 | 1,328 | 69.0% |
| 205 TORREY PINES DR | 2025-09 | $375,000 | 1,328 | 33.7% |
| 52 ORLANDO BLVD | 2025-12 | $255,000 | 1,292 | 48.7% |
| 15 ROXTON PL | 2025-11 | $250,000 | 1,328 | 49.8% |
| 4 BEAUMONT CT | 2025-02 | $440,000 | 1,328 | 28.1% |
| 390 BAYVIEW AVE | 2026-06 | $700,390 | 1,320 | 50.0% |
| 11 SELKIRK AVE | 2026-02 | $275,000 | 1,328 | 45.1% |
| 91 WINDJAMMER CT | 2025-08 | $650,000 | 1,320 | 53.5% |
| 72 STORM JIB CT | 2025-07 | $595,000 | 1,320 | 65.9% |
| 8 DORAL DR | 2025-06 | $240,000 | 1,328 | 78.1% |
| 8 AUGUSTA CT | 2026-01 | $290,000 | 1,328 | 43.0% |
| 8 MERRILEE LN | 2026-04 | $310,000 | 1,328 | 51.1% |
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