The Fair Share Report
124 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 $408,262 – $487,418, 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 $435,400 home should be assessed near $259,890.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $11,590 below what the ratio math suggests (4.5%).
Step 4 · The tax rate — same for every Pemberton home
$1.608 Schools · 49% $0.533 County · 16% $1.112 Town · 34%
This home's own bill implies $3.152 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
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 |
|---|---|---|---|---|
| 13 MARICOPA TR | 2025-06 | $439,000 | 2,256 | 55.5% |
| 428 PARDEE BLVD | 2026-05 | $460,000 | 2,200 | 48.8% |
| 314 MOHAWK TR | 2025-09 | $425,000 | 2,256 | 62.5% |
| 328 DOGWOOD ST | 2025-06 | $455,000 | 2,322 | 64.0% |
| 115 HANOVER BLVD | 2025-10 | $454,000 | 2,016 | 55.6% |
| 146 PARDEE BLVD | 2025-01 | $420,000 | 2,400 | 63.6% |
| 303 BLACKFOOT TR | 2025-02 | $390,000 | 1,848 | 49.0% |
| 23 HOMESTEAD DR | 2026-01 | $500,000 | 1,998 | 50.0% |
| 76 TECUMSEH TR | 2026-03 | $435,000 | 2,060 | 56.4% |
| 15 HOMESTEAD DR | 2025-07 | $512,000 | 1,998 | 49.0% |
| 124 HANOVER BLVD | 2025-05 | $402,000 | 1,746 | 61.4% |
| 304 SPRING LAKE BLVD | 2025-12 | $400,000 | 2,068 | 46.0% |
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