The Fair Share Report

307 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

≈ $375,343

Likely range $334,968 – $393,465, from 12 comparable Pemberton sales in the past 18 months, at this home's 1,612 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 $375,343 home should be assessed near $224,042.

Step 3 · Assessed value

$173,700

Set at the last town-wide revaluation and mostly frozen since. That's $50,342 below what the ratio math suggests (22.5%).

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

$5,650/yr
Public schools$2,793
Burlington County$926
Town of Pemberton$1,932
Pemberton average$5,365

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

Town median 49.8%
This home · 46.3%

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
246 COLGATE AV2026-03$375,0001,60649.6%
219 HARVARD AV2025-12$392,0001,60638.4%
246 RUTGERS AV2025-07$340,0001,60643.9%
233 RUTGERS AV2025-10$298,0001,60650.3%
207 HARVARD AV2025-04$404,0001,60637.0%
1710 RED FEATHER TR2025-06$217,0001,60684.4%
216 PRINCETON AV2025-03$387,5001,58638.8%
304 SEMINOLE TR2025-07$440,0001,58449.6%
409 FLORIDA TR2025-12$380,0001,63249.3%
211 MOHAWK TR2026-04$322,5001,55254.1%
212 VALLEY RD2025-01$370,0001,55842.9%
9 WINNEBAGO TR2025-10$275,0001,59266.1%

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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 →