The Fair Share Report
19 Second Ave
Pemberton, NJ 08042
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 $258,449 – $366,165, 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 $347,202 home should be assessed near $207,245.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $49,445 below what the ratio math suggests (23.9%).
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 |
|---|---|---|---|---|
| 239 COLLEGE DR | 2026-01 | $320,000 | 1,484 | 44.3% |
| 237 PRINCETON AV | 2025-04 | $225,000 | 1,484 | 63.8% |
| 412 CALIFORNIA TR | 2025-03 | $350,000 | 1,408 | 44.4% |
| 318 UNIVERSITY AV | 2025-09 | $375,000 | 1,484 | 45.7% |
| 254 UNIVERSITY AV | 2025-08 | $270,000 | 1,484 | 53.6% |
| 328 UNIVERSITY AV | 2025-02 | $256,000 | 1,484 | 56.3% |
| 211 MOHAWK TR | 2026-04 | $322,500 | 1,552 | 54.1% |
| 60 DAKOTA TR | 2025-05 | $415,000 | 1,528 | 45.8% |
| 216 PRINCETON AV | 2025-03 | $387,500 | 1,586 | 38.8% |
| 212 VALLEY RD | 2025-01 | $370,000 | 1,558 | 42.9% |
| 233 RUTGERS AV | 2025-10 | $298,000 | 1,606 | 50.3% |
| 503 NEW YORK RD | 2025-08 | $337,000 | 1,329 | 55.0% |
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