The Fair Share Report
2 Basil Dr
Lumberton, NJ 08048
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 $297,473 – $342,252, from 12 comparable Lumberton 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 Lumberton assessments sit below market value — republished every October, applied town-wide. A $328,474 home should be assessed near $214,986.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $19,086 below what the ratio math suggests (8.9%).
Step 4 · The tax rate — same for every Lumberton home
$2.073 Schools · 68% $0.500 County · 16% $0.466 Town · 15%
Step 5 · The bill
This home vs. every recent Lumberton sale · assessed ÷ market
40%81%
Paying about right
This home's ratio lands inside Lumberton'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 |
|---|---|---|---|---|
| 15 GINGER DRIVE | 2025-06 | $340,000 | 1,540 | 57.7% |
| 15 NUTMEG DRIVE | 2025-02 | $305,000 | 1,540 | 64.2% |
| 11 ADLER CIRCLE | 2025-06 | $477,000 | 1,538 | 57.0% |
| 409 MAPLE GROVE BOULEVARD | 2025-06 | $525,000 | 1,672 | 63.0% |
| 8 BAYLEAF DRIVE | 2026-03 | $347,500 | 1,540 | 51.8% |
| 7 MARJORAM DRIVE | 2026-03 | $335,000 | 1,540 | 56.7% |
| 4 NUTMEG DRIVE | 2026-03 | $285,000 | 1,540 | 66.6% |
| 40 SAFFRON DRIVE | 2026-01 | $335,000 | 1,540 | 56.7% |
| 16 BASIL DRIVE | 2025-12 | $281,500 | 1,540 | 67.5% |
| 4 SAFFRON DRIVE | 2025-11 | $347,000 | 1,540 | 56.5% |
| 92 GINGER DRIVE | 2025-09 | $326,530 | 1,540 | 60.0% |
| 14 CINNAMON DRIVE | 2025-09 | $323,000 | 1,540 | 52.6% |
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