The Fair Share Report

1 Springfield Rd

Pemberton, NJ 08064

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

≈ $463,528

Likely range $422,346 – $530,532, from 12 comparable Pemberton sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

59.69%

The state's official measure of how far Pemberton assessments sit below market value — republished every October, applied town-wide. A $463,528 home should be assessed near $276,680.

Step 3 · Assessed value

$282,800

Set at the last town-wide revaluation and mostly frozen since. That's $6,120 above what the ratio math suggests (2.2%).

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

$3.253 per $100 assessed

$1.608 Schools · 49% $0.533 County · 16% $1.112 Town · 34%

Step 5 · The bill

$9,199/yr
Public schools$4,547
Burlington County$1,507
Town of Pemberton$3,145
Pemberton average$5,365

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

Town median 49.8%
This home · 61.0%

35%81%

Paying about right

This home's ratio lands inside Pemberton'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
428 PARDEE BLVD2026-05$460,0002,20048.8%
20 DAKOTA TR2025-03$275,5001,68184.0%
180 CASTRO ST2026-04$500,0002,68759.8%
180 CASTRO ST2025-01$462,0002,68764.7%
764 LAKEHURST RD2025-11$450,0002,39753.7%
112 MARGARET ST2025-06$453,0001,97653.3%
22 TECUMSEH TR2025-09$460,0002,49649.8%
22 TECUMSEH TR2025-03$200,0002,496114.6%
209 REEVES AV2025-10$436,0002,48450.2%
144 ACORN CT2025-02$460,0002,52953.6%
460 PEMBERTON BY PASS2025-08$655,6002,44838.5%
319 COLORADO TR2025-05$475,0002,44351.9%

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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 →