The Fair Share Report

302 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

≈ $328,846

Likely range $262,551 – $373,007, 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 $328,846 home should be assessed near $196,288.

Step 3 · Assessed value

$133,700

Set at the last town-wide revaluation and mostly frozen since. That's $62,588 below what the ratio math suggests (31.9%).

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

$4,349/yr
Public schools$2,150
Burlington County$713
Town of Pemberton$1,487
Pemberton average$5,365

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

Town median 49.8%
This home · 40.7%

30%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
310 PIUTE TR2026-01$317,5001,12049.9%
311 BLACKFOOT TR2025-08$395,0001,12848.7%
312 SPRING LAKE BLVD2026-02$187,5001,09274.7%
315 ALGONQUIN TR2025-12$300,0001,20048.1%
3 SOMMERS LN2025-06$435,0001,12036.7%
62 ALYSSUM ST2025-04$235,0001,10056.9%
306 APACHE TR2025-12$349,9001,08848.9%
384 WILDROSE ST2026-01$275,0001,15249.8%
130 CHIPPEWA TR2025-04$315,0001,09243.0%
22 MARICOPA TR2025-02$260,0001,24855.3%
3202 S LAKESHORE DR2025-03$337,0001,04041.0%
410 LAKEHURST RD2025-10$323,2001,06440.5%

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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 →