The Fair Share Report
19 Laurel 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $557,042 – $699,343, from 12 comparable Tabernacle 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 Tabernacle assessments sit below market value — republished every October, applied town-wide. A $599,685 home should be assessed near $338,582.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $30,818 above what the ratio math suggests (9.1%).
Step 4 · The tax rate — same for every Tabernacle home
$2.315 Schools · 68% $0.555 County · 16% $0.512 Town · 15%
Step 5 · The bill
This home vs. every recent Tabernacle sale · assessed ÷ market
37%72%
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 218 SOOY PLACE ROAD | 2025-01 | $560,000 | — | 45.0% |
| 1 WASHINGTON WAY | 2025-06 | $625,000 | 3,012 | 55.0% |
| 17 RED OAK DRIVE | 2025-06 | $589,000 | 2,936 | 51.5% |
| 326 PRICKETT'S MILL ROAD | 2026-03 | $740,000 | 3,120 | 42.3% |
| 157 SOOY PLACE ROAD | 2025-02 | $505,000 | 2,760 | 53.0% |
| 443 PRICKETT'S MILL ROAD | 2025-06 | $619,900 | 3,085 | 53.1% |
| 8 WINCHESTER COURT | 2025-10 | $725,000 | 3,257 | 55.9% |
| 64 RED OAK DRIVE | 2025-03 | $650,000 | 2,669 | 53.0% |
| 6 SHERRING WAY | 2025-07 | $720,000 | 3,004 | 46.8% |
| 13 PLYMOUTH COURT | 2025-07 | $550,000 | 2,572 | 58.1% |
| 241 ASHLEY WAY | 2025-02 | $515,000 | 2,760 | 63.2% |
| 38 SUMMIT DRIVE | 2025-05 | $495,000 | 2,496 | 58.1% |
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