The Fair Share Report

228 Eagle 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.

Step 1 · Market value

≈ $371,413

Likely range $349,274 – $402,342, 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 $371,413 home should be assessed near $221,696.

Step 3 · Assessed value

$177,300

Set at the last town-wide revaluation and mostly frozen since. That's $44,396 below what the ratio math suggests (20.0%).

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

$5,768/yr
Public schools$2,851
Burlington County$945
Town of Pemberton$1,972
Pemberton average$5,365

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

Town median 49.8%
This home · 47.7%

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
2412 E LAKESHORE DR2025-06$405,0001,56853.8%
159 HARWICH ST2025-07$415,0001,55649.1%
11 CLOVER ST2025-11$347,0001,46447.9%
110 HARWICH ST2025-07$359,0001,55646.9%
242 PEMBERTON BLVD2025-03$350,0001,55646.8%
111 TRURO ST2025-01$165,0001,556100.2%
301 CACTUS ST2026-01$350,0001,46453.7%
23 MARICOPA TR2025-07$359,0001,53648.8%
206 IROQUOIS TR2025-08$355,0001,56861.6%
100 SPLIT ROCK RD2026-04$440,0001,46441.8%
4 HIGH ST2025-03$350,0001,42853.3%
211 GARDEN AV2025-03$217,0001,61489.7%

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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 →