The Fair Share Report

8 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.

Step 1 · Market value

≈ $386,909

Likely range $357,593 – $439,560, from 12 comparable Berkeley sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

52.95%

The state's official measure of how far Berkeley assessments sit below market value — republished every October, applied town-wide. A $386,909 home should be assessed near $204,868.

Step 3 · Assessed value

$165,200

Set at the last town-wide revaluation and mostly frozen since. That's $39,668 below what the ratio math suggests (19.4%).

Step 4 · The tax rate — same for every Berkeley home

$2.590 per $100 assessed

$1.213 Schools · 47% $0.582 County · 22% $0.795 Town · 31%

Step 5 · The bill

$4,279/yr
Public schools$2,004
Ocean County$961
Town of Berkeley$1,313
Berkeley average$5,442

This home vs. every recent Berkeley sale · assessed ÷ market

Town median 46.3%
This home · 42.7%

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)

AddressSoldPriceSq ftRatio
OCEAN & 22ND AVE2025-04$807,5001,50455.1%
15 BEAVERBROOK DR2025-08$335,0001,51437.3%
57 DREYFUS CT2025-04$375,0001,49445.4%
34 BEAVERBROOK DR2025-04$379,9001,48841.8%
75 WHITMORE DR2025-09$530,0001,51441.4%
44 WESTPORT DR2025-09$365,0001,51435.5%
103 SHEEPSHEAD DR2025-03$434,9001,51431.7%
253 WESTBROOK DR2025-02$382,4001,51434.1%
431 COSTA MESA DR2025-07$395,0001,47247.8%
23 ZEELAND DR2025-11$400,0001,51439.2%
53 WHITAKER DR2025-10$435,0001,49435.0%
16 MANASSAS DR2025-12$415,0001,51436.7%

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Estimates from public records — NJ MOD-IV assessments, SR1A usable sales, and Treasury/DCA rate tables. Your house has a history. Write the next chapter on Plotline →