The Fair Share Report
11 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $277,167 – $371,050, 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 $349,505 home should be assessed near $208,620.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $34,220 below what the ratio math suggests (16.4%).
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 |
|---|---|---|---|---|
| 5 CHESTNUT AV | 2026-03 | $310,000 | 1,621 | 61.2% |
| 117 WAVERLY ST | 2025-07 | $320,000 | 1,405 | 52.9% |
| 420 TENNESSEE TR | 2025-06 | $358,000 | 1,472 | 43.4% |
| 362 LAKEHURST RD | 2025-05 | $313,000 | 1,560 | 49.9% |
| 405 MASSACHUSETTS RD | 2025-12 | $415,000 | 1,490 | 43.1% |
| 107 ALABAMA TR | 2025-09 | $275,000 | 1,486 | 65.6% |
| 421 LAKEVIEW TERR | 2025-12 | $365,000 | 1,492 | 42.5% |
| 837 FOREST AV | 2025-02 | $310,000 | 1,334 | 50.3% |
| 30 MARYGOLD AV | 2025-12 | $155,000 | 1,336 | 113.2% |
| 112 TENNESSEE TR | 2025-09 | $415,000 | 1,472 | 49.3% |
| 9 BROADWAY | 2025-03 | $379,900 | 1,224 | 42.7% |
| 86 JACKSON AV | 2025-03 | $210,000 | 1,335 | 70.0% |
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