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.
This home's full record →Check another house →
Step 1 · Market value
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
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
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
$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
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 225 ASHLEY LANE | 2025-12 | $520,000 | 1,812 | 52.4% |
| 409 MAPLE GROVE BOULEVARD | 2025-06 | $525,000 | 1,672 | 63.0% |
| 619 WALDEN WAY | 2025-07 | $596,000 | 1,914 | 54.5% |
| 77 FAWN COURT | 2025-08 | $370,000 | 1,618 | 46.0% |
| 67 FAWN COURT | 2026-03 | $375,000 | 1,618 | 61.6% |
| 97 FAWN COURT | 2025-04 | $342,500 | 1,618 | 64.7% |
| 10 FAWN COURT | 2026-03 | $335,000 | 1,618 | 50.8% |
| 11 ADLER CIRCLE | 2025-06 | $477,000 | 1,538 | 57.0% |
| 15 GINGER DRIVE | 2025-06 | $340,000 | 1,540 | 57.7% |
| 15 NUTMEG DRIVE | 2025-02 | $305,000 | 1,540 | 64.2% |
| 11 WHITEHAVEN DRIVE | 2026-03 | $615,000 | 1,986 | 54.4% |
| 11 WHITEHAVEN DRIVE | 2025-12 | $380,000 | 1,986 | 88.0% |
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