The Fair Share Report
311 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 $303,872 – $400,078, from 12 comparable Pemberton sales in the past 18 months (home size estimated from assessor data — range widened).
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 $331,122 home should be assessed near $197,647.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $47,847 below what the ratio math suggests (24.2%).
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
32%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 |
|---|---|---|---|---|
| 1045 HANOVER BLVD | 2025-02 | $450,000 | 1,304 | 44.8% |
| 1712 RED FEATHER TR | 2025-01 | $330,000 | 1,288 | 47.5% |
| 236 SASSAFRAS ST | 2026-03 | $285,000 | 1,288 | 58.9% |
| 336 PARK ST | 2025-03 | $302,000 | 1,350 | 51.0% |
| 13 CHEROKEE DR | 2025-04 | $339,900 | 1,248 | 46.1% |
| 106 TECUMSEH TR | 2026-03 | $425,000 | 1,300 | 43.6% |
| 403 S BRYNWOOD DR | 2025-06 | $335,000 | 1,388 | 53.3% |
| 301 CACTUS ST | 2026-01 | $350,000 | 1,464 | 53.7% |
| 405 CHIPPEWA TR | 2025-02 | $415,000 | 1,300 | 48.3% |
| 15 ALMOND AV | 2025-05 | $359,900 | 1,288 | 48.6% |
| 100 SPLIT ROCK RD | 2026-04 | $440,000 | 1,464 | 41.8% |
| 143 PLUM ST | 2025-06 | $180,000 | 1,274 | 80.6% |
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