The Fair Share Report

122 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.

Step 1 · Market value

≈ $418,879

Likely range $368,687 – $455,427, 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 $418,879 home should be assessed near $250,029.

Step 3 · Assessed value

$247,800

Set at the last town-wide revaluation and mostly frozen since. That's $2,229 below what the ratio math suggests (0.9%).

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

$8,061/yr
Public schools$3,985
Burlington County$1,321
Town of Pemberton$2,756
Pemberton average$5,365

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

Town median 49.8%
This home · 59.2%

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
304 SPRING LAKE BLVD2025-12$400,0002,06846.0%
6 COCHITA TR2025-10$365,0002,06855.9%
28 SCAMMELL DR2025-11$400,0002,03447.6%
215 IDAHO TR2025-10$407,0001,99244.2%
62 DAKOTA TR2025-10$355,0002,17256.0%
206 PIUTE TR2025-11$380,0001,95450.3%
304 MOHAWK TR2025-12$390,0001,90846.7%
2101 N LAKESHORE DR2025-02$250,0002,28491.2%
239 RHODE ISLAND RD2025-10$275,0001,97674.5%
226 JUNIPER AV2025-09$425,0001,97638.3%
210 ORANGE AV2025-03$385,0001,97649.3%
45 MONROE AV2025-01$390,0001,97644.6%

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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 →