The Fair Share Report
108 Split Rock Rd
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $298,941 – $356,242, from 12 comparable Pemberton 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 Pemberton assessments sit below market value — republished every October, applied town-wide. A $342,594 home should be assessed near $204,494.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $26,094 below what the ratio math suggests (12.8%).
Step 4 · The tax rate — same for every Pemberton home
$1.608 Schools · 49% $0.533 County · 16% $1.112 Town · 34%
Step 5 · The bill
This home vs. every recent Pemberton sale · assessed ÷ market
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 803 RED FEATHER TR | 2025-06 | $340,000 | 1,442 | 58.2% |
| 40 HEATHER ST | 2025-05 | $355,000 | 1,456 | 40.2% |
| 21 ASTER ST | 2025-10 | $296,000 | 1,488 | 51.3% |
| 207 COVILLE DR | 2025-12 | $300,000 | 1,428 | 53.2% |
| 207 COVILLE DR | 2025-07 | $300,000 | 1,428 | 53.2% |
| 305 PIUTE TR | 2025-05 | $390,000 | 1,536 | 44.6% |
| 242 PEMBERTON BLVD | 2025-03 | $350,000 | 1,556 | 46.8% |
| 111 TRURO ST | 2025-01 | $165,000 | 1,556 | 100.2% |
| 431 PEMBERTON BLVD | 2025-12 | $360,000 | 1,472 | 42.0% |
| 700 CONCORD DR | 2025-06 | $355,000 | 1,480 | 45.5% |
| 110 HARWICH ST | 2025-07 | $359,000 | 1,556 | 46.9% |
| 23 MARICOPA TR | 2025-07 | $359,000 | 1,536 | 48.8% |
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