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.
This home's full record →Check another house →
Step 1 · Market value
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
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
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
$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 |
|---|---|---|---|---|
| 304 SPRING LAKE BLVD | 2025-12 | $400,000 | 2,068 | 46.0% |
| 6 COCHITA TR | 2025-10 | $365,000 | 2,068 | 55.9% |
| 28 SCAMMELL DR | 2025-11 | $400,000 | 2,034 | 47.6% |
| 215 IDAHO TR | 2025-10 | $407,000 | 1,992 | 44.2% |
| 62 DAKOTA TR | 2025-10 | $355,000 | 2,172 | 56.0% |
| 206 PIUTE TR | 2025-11 | $380,000 | 1,954 | 50.3% |
| 304 MOHAWK TR | 2025-12 | $390,000 | 1,908 | 46.7% |
| 2101 N LAKESHORE DR | 2025-02 | $250,000 | 2,284 | 91.2% |
| 239 RHODE ISLAND RD | 2025-10 | $275,000 | 1,976 | 74.5% |
| 226 JUNIPER AV | 2025-09 | $425,000 | 1,976 | 38.3% |
| 210 ORANGE AV | 2025-03 | $385,000 | 1,976 | 49.3% |
| 45 MONROE AV | 2025-01 | $390,000 | 1,976 | 44.6% |
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