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.
This home's full record →Check another house →
Step 1 · Market value
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
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
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
$1.608 Schools · 49% $0.533 County · 16% $1.112 Town · 34%
Step 5 · The bill
This home vs. every recent Pemberton sale · assessed ÷ market
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 234 PRINCETON AV | 2025-05 | $345,000 | 1,750 | 45.6% |
| 222 COLLEGE DR | 2026-05 | $360,000 | 1,750 | 44.7% |
| 15 ESTATE RD | 2026-03 | $390,000 | 1,708 | 42.5% |
| 228 PURDUE AV | 2025-08 | $395,000 | 1,744 | 39.6% |
| 244 PRINCETON AV | 2026-04 | $390,000 | 1,750 | 40.9% |
| 441 CORNELL AV | 2025-02 | $390,000 | 1,744 | 40.3% |
| 70 SCRAPETOWN RD | 2025-03 | $370,000 | 1,748 | 42.6% |
| 317 CAYUGA TR | 2026-02 | $285,000 | 1,812 | 62.0% |
| 240 PURDUE AV | 2026-02 | $370,000 | 1,755 | 42.4% |
| 305 WICHITA TR | 2025-09 | $369,999 | 1,756 | 55.0% |
| 6 ALMOND AV | 2026-03 | $384,000 | 1,766 | 46.5% |
| 204 APACHE TR | 2025-01 | $375,000 | 1,662 | 50.0% |
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