The Fair Share Report

17 Lee Dr

Tabernacle, NJ 08088

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

≈ $423,165

Likely range $300,974 – $472,224, from 12 comparable Tabernacle sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

56.46%

The state's official measure of how far Tabernacle assessments sit below market value — republished every October, applied town-wide. A $423,165 home should be assessed near $238,919.

Step 3 · Assessed value

$140,000

Set at the last town-wide revaluation and mostly frozen since. That's $98,919 below what the ratio math suggests (41.4%).

Step 4 · The tax rate — same for every Tabernacle home

$3.381 per $100 assessed

$2.315 Schools · 68% $0.555 County · 16% $0.512 Town · 15%

Step 5 · The bill

$4,735/yr
Public schools$3,241
Burlington County$777
Town of Tabernacle$717
Tabernacle average$9,269

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

Town median 50.8%
This home · 33.1%

24%70%

Paying about right

This home's ratio lands inside Tabernacle'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
18 GERMAIN ROAD2025-07$490,5001,24839.1%
143 FLYATT ROAD2025-11$433,5001,23257.3%
8 BUTTERWORTH'S BOGS RD2025-03$549,9001,40232.7%
20 AVENUE A2025-09$521,0001,62449.6%
17 SOUTH PARK ROAD2025-08$424,0001,80046.3%
5 ACORN DRIVE2025-04$445,0001,28848.3%
1533 ROUTE 2062026-03$403,0001,70755.5%
20 AVENUE B2025-11$200,0001,27475.0%
42 MOCKINGBIRD WAY2026-04$550,0001,87550.3%
9 ANNE DRIVE2025-05$470,0001,44038.6%
5 MOORE ROAD2025-08$475,0001,51243.6%
221 OAK LANE2025-09$340,0001,63863.4%

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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 →