The Fair Share Report
2 Pine Ave
Pemberton, NJ 08015
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 $327,033 – $403,934, from 12 comparable Pemberton sales in the past 18 months, at this home's 1,344 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Pemberton assessments sit below market value — republished every October, applied town-wide. A $350,456 home should be assessed near $209,187.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $39,087 below what the ratio math suggests (18.7%).
Step 4 · The tax rate — same for every Pemberton home
$1.608 Schools · 49% $0.533 County · 16% $1.112 Town · 34%
Step 5 · The bill
This home vs. every recent Pemberton sale · assessed ÷ market
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 301 TECUMSEH TR | 2026-03 | $430,000 | 1,276 | 38.8% |
| 120 ALABAMA TR | 2025-11 | $360,000 | 1,440 | 49.3% |
| 301 COLORADO TR | 2025-09 | $400,000 | 1,534 | 51.5% |
| 23 MARICOPA TR | 2025-07 | $359,000 | 1,536 | 48.8% |
| 30 MARYGOLD AV | 2025-12 | $155,000 | 1,336 | 113.2% |
| 112 TENNESSEE TR | 2025-09 | $415,000 | 1,472 | 49.3% |
| 301 CACTUS ST | 2026-01 | $350,000 | 1,464 | 53.7% |
| 3 ESCAMBIA TR | 2025-04 | $380,000 | 1,392 | 44.3% |
| 100 SPLIT ROCK RD | 2026-04 | $440,000 | 1,464 | 41.8% |
| 148 CANNA ST | 2026-02 | $310,000 | 1,274 | 48.9% |
| 106 TECUMSEH TR | 2026-03 | $425,000 | 1,300 | 43.6% |
| 405 CHIPPEWA TR | 2025-02 | $415,000 | 1,300 | 48.3% |
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