The Fair Share Report

2 Peppermint 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.

Step 1 · Market value

≈ $432,194

Likely range $376,792 – $551,208, from 12 comparable Lumberton sales in the past 18 months, at this home's 1,780 sq ft.

Step 2 · The Director's Ratio

65.45%

The state's official measure of how far Lumberton assessments sit below market value — republished every October, applied town-wide. A $432,194 home should be assessed near $282,871.

Step 3 · Assessed value

$192,000

Set at the last town-wide revaluation and mostly frozen since. That's $90,871 below what the ratio math suggests (32.1%).

Step 4 · The tax rate — same for every Lumberton home

$3.039 per $100 assessed

$2.073 Schools · 68% $0.500 County · 16% $0.466 Town · 15%

Step 5 · The bill

$5,835/yr
Public schools$3,980
Burlington County$960
Town of Lumberton$895
Lumberton average$9,147

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

Town median 56.5%
This home · 44.4%

29%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)

AddressSoldPriceSq ftRatio
225 ASHLEY LANE2025-12$520,0001,81252.4%
409 MAPLE GROVE BOULEVARD2025-06$525,0001,67263.0%
619 WALDEN WAY2025-07$596,0001,91454.5%
77 FAWN COURT2025-08$370,0001,61846.0%
67 FAWN COURT2026-03$375,0001,61861.6%
97 FAWN COURT2025-04$342,5001,61864.7%
10 FAWN COURT2026-03$335,0001,61850.8%
11 ADLER CIRCLE2025-06$477,0001,53857.0%
15 GINGER DRIVE2025-06$340,0001,54057.7%
15 NUTMEG DRIVE2025-02$305,0001,54064.2%
11 WHITEHAVEN DRIVE2026-03$615,0001,98654.4%
11 WHITEHAVEN DRIVE2025-12$380,0001,98688.0%

Is this your house?

Run your own report →

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 →