The Fair Share Report

305 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

≈ $385,989

Likely range $364,942 – $395,480, from 12 comparable Pemberton sales in the past 18 months, at this home's 1,732 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 $385,989 home should be assessed near $230,397.

Step 3 · Assessed value

$179,700

Set at the last town-wide revaluation and mostly frozen since. That's $50,697 below what the ratio math suggests (22.0%).

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

$5,846/yr
Public schools$2,890
Burlington County$958
Town of Pemberton$1,998
Pemberton average$5,365

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

Town median 49.8%
This home · 46.6%

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
234 PRINCETON AV2025-05$345,0001,75045.6%
222 COLLEGE DR2026-05$360,0001,75044.7%
15 ESTATE RD2026-03$390,0001,70842.5%
228 PURDUE AV2025-08$395,0001,74439.6%
244 PRINCETON AV2026-04$390,0001,75040.9%
441 CORNELL AV2025-02$390,0001,74440.3%
70 SCRAPETOWN RD2025-03$370,0001,74842.6%
317 CAYUGA TR2026-02$285,0001,81262.0%
240 PURDUE AV2026-02$370,0001,75542.4%
305 WICHITA TR2025-09$369,9991,75655.0%
6 ALMOND AV2026-03$384,0001,76646.5%
204 APACHE TR2025-01$375,0001,66250.0%

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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 →