The Fair Share Report

207 Apache Tr

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.

Step 1 · Market value

≈ $379,725

Likely range $347,393 – $401,950, from 12 comparable Pemberton sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

59.69%

The state's official measure of how far Pemberton assessments sit below market value — republished every October, applied town-wide. A $379,725 home should be assessed near $226,658.

Step 3 · Assessed value

$186,900

Set at the last town-wide revaluation and mostly frozen since. That's $39,758 below what the ratio math suggests (17.5%).

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

$3.253 per $100 assessed

$1.608 Schools · 49% $0.533 County · 16% $1.112 Town · 34%

Step 5 · The bill

$6,080/yr
Public schools$3,005
Burlington County$996
Town of Pemberton$2,078
Pemberton average$5,365

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

Town median 49.8%
This home · 49.2%

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)

AddressSoldPriceSq ftRatio
204 APACHE TR2025-01$375,0001,66250.0%
246 COLGATE AV2026-03$375,0001,60649.6%
1710 RED FEATHER TR2025-06$217,0001,60684.4%
15 ESTATE RD2026-03$390,0001,70842.5%
48 TENSAW DR2025-02$365,0001,63654.3%
304 SEMINOLE TR2025-07$440,0001,58449.6%
219 HARVARD AV2025-12$392,0001,60638.4%
246 RUTGERS AV2025-07$340,0001,60643.9%
233 RUTGERS AV2025-10$298,0001,60650.3%
14 BEE ST2026-05$370,0001,65745.4%
212 VALLEY RD2025-01$370,0001,55842.9%
409 FLORIDA TR2025-12$380,0001,63249.3%

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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 →