The Fair Share Report
26 Springfield Rd
Pemberton, NJ 08064
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 $163,509 – $372,345, from 12 comparable Pemberton sales in the past 18 months (home size estimated from assessor data — range widened).
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 $290,164 home should be assessed near $173,199.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $21,699 below what the ratio math suggests (12.5%).
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%98%
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 |
|---|---|---|---|---|
| 149 OLIVE AV | 2025-07 | $335,000 | 1,184 | 47.5% |
| 16 BEGONIA ST 16A & 24 | 2026-04 | $279,000 | 1,170 | 64.7% |
| 202 ARNEY'S MT RD | 2026-04 | $164,613 | 1,314 | 101.2% |
| 24 WILTSHIRE WY | 2026-01 | $145,900 | 1,026 | 95.5% |
| 117 WAVERLY ST | 2025-07 | $320,000 | 1,405 | 52.9% |
| 9 BROADWAY | 2025-03 | $379,900 | 1,224 | 42.7% |
| 12 VANCE ST | 2026-03 | $223,000 | 1,242 | 71.6% |
| 2 dover place | 2025-05 | $207,000 | 1,248 | 81.5% |
| 318 RIDGE RD | 2026-03 | $400,000 | 1,456 | 37.5% |
| 837 FOREST AV | 2025-02 | $310,000 | 1,334 | 50.3% |
| 300 RIDGE RD | 2025-06 | $144,000 | 1,009 | 93.9% |
| 312 HUCKLEBERRY LN | 2025-05 | $285,000 | 1,344 | 71.3% |
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