The Fair Share Report

18 Springfield Rd

Pemberton, NJ 08064

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 2 · The Director's Ratio

59.69%

The state's official measure of how far Pemberton assessments sit below market value — republished every October, applied town-wide.

Step 3 · Assessed value

$500,200

Set at the last town-wide revaluation and mostly frozen since.

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

$3.253 per $100 assessed

$1.608 Schools · 49% $0.533 County · 16% $1.112 Town · 34%

Step 5 · The bill

$16,272/yr
Public schools$8,043
Burlington County$2,666
Town of Pemberton$5,562
Pemberton average$5,365

The record, in full

Not enough closely-comparable recent sales in Pemberton for a fairness verdict — the town's current median assessment ratio is 49.8%.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
118 BISHOP ST2025-07$387,5004,52477.1%
51 ARNEY'S MT RD2026-04$575,0003,40162.8%
63 HOMESTEAD DR2026-01$650,0003,01148.0%

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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 →