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.

Step 1 · Market value

≈ $347,202

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

59.69%

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

$157,800

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

$3.253 per $100 assessed

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

Step 5 · The bill

$5,133/yr
Public schools$2,537
Burlington County$841
Town of Pemberton$1,755
Pemberton average$5,365

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

Town median 49.8%
This home · 45.4%

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)

AddressSoldPriceSq ftRatio
239 COLLEGE DR2026-01$320,0001,48444.3%
237 PRINCETON AV2025-04$225,0001,48463.8%
412 CALIFORNIA TR2025-03$350,0001,40844.4%
318 UNIVERSITY AV2025-09$375,0001,48445.7%
254 UNIVERSITY AV2025-08$270,0001,48453.6%
328 UNIVERSITY AV2025-02$256,0001,48456.3%
211 MOHAWK TR2026-04$322,5001,55254.1%
60 DAKOTA TR2025-05$415,0001,52845.8%
216 PRINCETON AV2025-03$387,5001,58638.8%
212 VALLEY RD2025-01$370,0001,55842.9%
233 RUTGERS AV2025-10$298,0001,60650.3%
503 NEW YORK RD2025-08$337,0001,32955.0%

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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 →