The Fair Share Report

300 Apache Tr

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

≈ $332,750

Likely range $231,708 – $377,131, 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 $332,750 home should be assessed near $198,618.

Step 3 · Assessed value

$156,700

Set at the last town-wide revaluation and mostly frozen since. That's $41,918 below what the ratio math suggests (21.1%).

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%

Step 5 · The bill

$5,097/yr
Public schools$2,520
Burlington County$835
Town of Pemberton$1,743
Pemberton average$5,365

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

Town median 49.8%
This home · 47.1%

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
30 MARYGOLD AV2025-12$155,0001,336113.2%
421 LAKEVIEW TERR2025-12$365,0001,49242.5%
120 ALABAMA TR2025-11$360,0001,44049.3%
2 dover place2025-05$207,0001,24881.5%
420 TENNESSEE TR2025-06$358,0001,47243.4%
112 TENNESSEE TR2025-09$415,0001,47249.3%
101 WAVERLY ST2025-11$360,0001,15243.7%
107 ALABAMA TR2025-09$275,0001,48665.6%
405 MASSACHUSETTS RD2025-12$415,0001,49043.1%
229 GOODWATER AV2025-07$325,0001,25947.6%
229 GOODWATER AV2025-01$170,3501,25990.8%
225 MAGNOLIA RD2026-01$370,0001,43243.8%

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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 →