The Fair Share Report

2352 Range Rd

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

≈ $327,547

Likely range $299,787 – $379,051, 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 $327,547 home should be assessed near $195,513.

Step 3 · Assessed value

$188,200

Set at the last town-wide revaluation and mostly frozen since. That's $7,313 below what the ratio math suggests (3.7%).

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

$6,122/yr
Public schools$3,026
Burlington County$1,003
Town of Pemberton$2,093
Pemberton average$5,365

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

Town median 49.8%
This home · 57.5%

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
405 MASSACHUSETTS RD2025-12$415,0001,49043.1%
107 ALABAMA TR2025-09$275,0001,48665.6%
420 TENNESSEE TR2025-06$358,0001,47243.4%
254 UNIVERSITY AV2025-08$270,0001,48453.6%
114 RAYMOND ST2025-01$352,0001,60447.4%
421 LAKEVIEW TERR2025-12$365,0001,49242.5%
1502 S LAKESHORE DR2025-10$308,0001,48861.5%
239 COLLEGE DR2026-01$320,0001,48444.3%
60 DAKOTA TR2025-05$415,0001,52845.8%
237 PRINCETON AV2025-04$225,0001,48463.8%
157 MOCKINGBIRD LN2026-03$317,0001,54451.2%
216 PRINCETON AV2025-03$387,5001,58638.8%

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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 →