The Fair Share Report
2 Budd Ct
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 $721,305 – $885,162, 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 $754,927 home should be assessed near $426,232.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $29,832 below what the ratio math suggests (7.0%).
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%70%
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 |
|---|---|---|---|---|
| 6 SHERRING WAY | 2025-07 | $720,000 | 3,004 | 46.8% |
| 27 STEVENS LANE | 2025-09 | $750,000 | 3,058 | 49.6% |
| 8 WINCHESTER COURT | 2025-10 | $725,000 | 3,257 | 55.9% |
| 19 GRANDE BLVD | 2026-02 | $800,000 | 3,136 | 55.2% |
| 94 POWELL PLACE ROAD | 2025-06 | $665,000 | 2,296 | 49.9% |
| 108 VALERIE WAY | 2025-07 | $882,500 | 3,363 | 61.5% |
| 1 SAWMILL RD | 2025-12 | $730,000 | 2,444 | 44.8% |
| 36A FOXHILL DR | 2025-04 | $1,100,000 | 3,843 | 49.0% |
| 1 WASHINGTON WAY | 2025-06 | $625,000 | 3,012 | 55.0% |
| 50 BOZARTHTOWN ROAD | 2025-04 | $782,500 | 3,142 | 47.9% |
| 410 KAILA COURT | 2026-04 | $903,000 | 2,482 | 53.6% |
| 4 ALLEN COURT | 2026-04 | $650,000 | 2,608 | 49.3% |
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