The Fair Share Report
133 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 $202,431 – $399,763, 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 $363,659 home should be assessed near $217,068.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $21,968 below what the ratio math suggests (10.1%).
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%102%
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 |
|---|---|---|---|---|
| 513 LOUISIANA TR | 2025-09 | $365,000 | 1,672 | 51.8% |
| 103 RED FEATHER TR | 2025-08 | $385,000 | 1,804 | 51.1% |
| 415 LOUISIANA TR | 2026-02 | $375,000 | 1,588 | 50.3% |
| 1 W LAKESHORE DR | 2025-04 | $400,000 | 1,728 | 50.5% |
| 341 BIRMINGHAM RD | 2025-03 | $415,000 | 1,792 | 49.5% |
| 3 CHEROKEE DR | 2025-10 | $336,000 | 1,752 | 56.8% |
| 752 CHERRY AV | 2025-05 | $370,000 | 1,598 | 56.6% |
| 16 ESTATE RD | 2025-01 | $221,500 | 1,672 | 70.1% |
| 16 ESTATE RD | 2025-01 | $179,200 | 1,672 | 86.7% |
| 233 PRINCETON AV | 2025-06 | $340,000 | 1,724 | 47.6% |
| 300 NEW HAMPSHIRE RD | 2026-02 | $195,000 | 1,888 | 96.9% |
| 501 CONNECTICUT RD | 2025-05 | $225,000 | 1,820 | 87.3% |
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