The Fair Share Report

10 Pine Ave

Pemberton, NJ 08015

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

≈ $333,302

Likely range $257,313 – $374,010, 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 $333,302 home should be assessed near $198,948.

Step 3 · Assessed value

$141,200

Set at the last town-wide revaluation and mostly frozen since. That's $57,748 below what the ratio math suggests (29.0%).

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%

This home's own bill implies $3.076 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$4,343/yr
Public schools$2,147
Burlington County$712
Town of Pemberton$1,485
Pemberton average$5,365

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

Town median 49.8%
This home · 42.4%

32%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
9 BROADWAY2025-03$379,9001,22442.7%
2 dover place2025-05$207,0001,24881.5%
101 WAVERLY ST2025-11$360,0001,15243.7%
224 CHEROKEE DR2026-02$317,5001,16449.2%
149 OLIVE AV2025-07$335,0001,18447.5%
3202 S LAKESHORE DR2025-03$337,0001,04041.0%
410 LAKEHURST RD2025-10$323,2001,06440.5%
130 POINTVILLE RD2026-03$425,0001,10435.5%
16 BEGONIA ST 16A & 242026-04$279,0001,17064.7%
30 MARYGOLD AV2025-12$155,0001,336113.2%
106 FLORIDA TR2025-12$345,0001,17247.1%
24 WILTSHIRE WY2026-01$145,9001,02695.5%

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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 →