The Fair Share Report

21 Foxchase Rd

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.

Step 1 · Market value

≈ $478,254

Likely range $440,827 – $575,939, from 12 comparable Tabernacle sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

56.46%

The state's official measure of how far Tabernacle assessments sit below market value — republished every October, applied town-wide. A $478,254 home should be assessed near $270,022.

Step 3 · Assessed value

$239,300

Set at the last town-wide revaluation and mostly frozen since. That's $30,722 below what the ratio math suggests (11.4%).

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

$3.381 per $100 assessed

$2.315 Schools · 68% $0.555 County · 16% $0.512 Town · 15%

This home's own bill implies $3.278 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$7,843/yr
Public schools$5,369
Burlington County$1,287
Town of Tabernacle$1,187
Tabernacle average$9,269

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

Town median 50.8%
This home · 50.0%

36%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)

AddressSoldPriceSq ftRatio
454 PRICKETT'S MILL ROAD2025-06$475,0001,91657.6%
13 MALLARD DRIVE2025-05$600,0001,91344.7%
450 PRICKETT'S MILL ROAD2025-10$480,0001,92453.3%
42 MOCKINGBIRD WAY2026-04$550,0001,87550.3%
3 HANLEY COURT2025-06$580,0001,93446.0%
10 STEVENS LANE2025-07$510,0001,90447.2%
6 HORSESHOE COURT2026-03$450,0001,93456.0%
26 WORRELL ROAD2025-11$407,5001,91645.8%
218 SOOY PLACE ROAD2025-01$560,00045.0%
138 SOOY PLACE ROAD2025-01$405,0002,01653.1%
226 OAK LANE2025-01$475,0002,02450.4%
140 CARRANZA ROAD2025-08$226,0001,884105.9%

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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 →