The Fair Share Report

100 Split Rock Rd

Pemberton, NJ 08520

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

≈ $350,000

Likely range $345,187 – $378,138, from 12 comparable Pemberton sales in the past 18 months, at this home's 1,464 sq ft.

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 $350,000 home should be assessed near $208,915.

Step 3 · Assessed value

$183,700

Set at the last town-wide revaluation and mostly frozen since. That's $25,215 below what the ratio math suggests (12.1%).

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

$5,976/yr
Public schools$2,954
Burlington County$979
Town of Pemberton$2,043
Pemberton average$5,365

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

Town median 49.8%
This home · 52.5%

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
301 CACTUS ST2026-01$350,0001,46453.7%
11 CLOVER ST2025-11$347,0001,46447.9%
4 HIGH ST2025-03$350,0001,42853.3%
3 ESCAMBIA TR2025-04$380,0001,39244.3%
24 RIVER ST2025-08$332,0001,40048.4%
101 CHEROKEE DR2025-01$280,0001,45685.4%
2412 E LAKESHORE DR2025-06$405,0001,56853.8%
206 IROQUOIS TR2025-08$355,0001,56861.6%
301 COLORADO TR2025-09$400,0001,53451.5%
40 HEATHER ST2025-05$355,0001,45640.2%
159 HARWICH ST2025-07$415,0001,55649.1%
336 PARK ST2025-03$302,0001,35051.0%

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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 →