The Fair Share Report

3 Junction 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

≈ $149,333

Likely range $131,710 – $162,319, from 12 comparable Pemberton sales in the past 18 months, at this home's 640 sq ft.

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 $149,333 home should be assessed near $89,137.

Step 3 · Assessed value

$99,000

Set at the last town-wide revaluation and mostly frozen since. That's $9,863 above what the ratio math suggests (11.1%).

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%

This home's own bill implies $3.000 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$2,970/yr
Public schools$1,468
Burlington County$487
Town of Pemberton$1,015
Pemberton average$5,365

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

Town median 49.8%
This home · 66.3%

35%81%

A touch high — worth watching

This home's ratio sits above most of Pemberton, but doesn't clear NJ's legal appeal line (68.64%).

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
217 KINSLEY RD2025-07$175,00069031.8%
92 DELAP CT2025-01$175,00069032.7%
23 FOXGLOVE ST2025-08$200,00072047.8%
227 KINSLEY RD2025-11$161,00069034.7%
120 KINSLEY RD2026-03$160,00069034.7%
112 KINSLEY RD2025-12$175,00069031.2%
142 KINSLEY RD2025-05$134,00069040.9%
195 KINSLEY RD2025-01$142,00069037.7%
197 KINSLEY RD2026-03$170,00070532.8%
199 KINSLEY RD2025-08$164,90070533.8%
215 KINSLEY RD2025-08$157,50070535.9%
214 NORCROSS LN2025-10$90,00070561.0%

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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 →