The Fair Share Report

304 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

≈ $334,986

Likely range $298,004 – $359,849, 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 $334,986 home should be assessed near $199,953.

Step 3 · Assessed value

$131,900

Set at the last town-wide revaluation and mostly frozen since. That's $68,053 below what the ratio math suggests (34.0%).

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

$4,291/yr
Public schools$2,121
Burlington County$703
Town of Pemberton$1,467
Pemberton average$5,365

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

Town median 49.8%
This home · 39.4%

31%81%

Keep quiet and enjoy it

This home's assessment ratio sits below the Pemberton pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

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

AddressSoldPriceSq ftRatio
130 CHIPPEWA TR2025-04$315,0001,09243.0%
310 PIUTE TR2026-01$317,5001,12049.9%
306 APACHE TR2025-12$349,9001,08848.9%
318 SPRING LAKE BLVD2025-08$322,4001,05642.3%
235 COVILLE DR2025-02$302,0001,11852.1%
1103 RED FEATHER TR2025-01$322,5001,05640.9%
312 SPRING LAKE BLVD2026-02$187,5001,09274.7%
123 CLOVER ST2025-03$380,0001,08040.0%
307 SEMINOLE TR2025-06$335,0001,05645.5%
118 SYRINGA ST2026-04$345,0001,08045.8%
410 LAKEHURST RD2025-10$323,2001,06440.5%
331 SEMINOLE TR2025-06$315,0001,05644.5%

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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 →