The Fair Share Report
140 Split Rock Rd
Pemberton, NJ 08080
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 $310,384 – $393,197, 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 $358,916 home should be assessed near $214,237.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $19,837 below what the ratio math suggests (9.3%).
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 |
|---|---|---|---|---|
| 415 LOUISIANA TR | 2026-02 | $375,000 | 1,588 | 50.3% |
| 752 CHERRY AV | 2025-05 | $370,000 | 1,598 | 56.6% |
| 212 FLORIDA TR | 2025-03 | $351,000 | 1,552 | 58.9% |
| 513 LOUISIANA TR | 2025-09 | $365,000 | 1,672 | 51.8% |
| 112 TENNESSEE TR | 2025-09 | $415,000 | 1,472 | 49.3% |
| 421 LAKEVIEW TERR | 2025-12 | $365,000 | 1,492 | 42.5% |
| 75 TENSAW DR | 2025-04 | $376,000 | 1,600 | 42.9% |
| 120 ALABAMA TR | 2025-11 | $360,000 | 1,440 | 49.3% |
| 5 GEORGIA TERR | 2025-04 | $320,000 | 1,600 | 57.7% |
| 16 ESTATE RD | 2025-01 | $221,500 | 1,672 | 70.1% |
| 16 ESTATE RD | 2025-01 | $179,200 | 1,672 | 86.7% |
| 103 RED FEATHER TR | 2025-08 | $385,000 | 1,804 | 51.1% |
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