The Fair Share Report

312 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

≈ $317,889

Likely range $287,655 – $347,937, 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 $317,889 home should be assessed near $189,748.

Step 3 · Assessed value

$155,600

Set at the last town-wide revaluation and mostly frozen since. That's $34,148 below what the ratio math suggests (18.0%).

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

$5,062/yr
Public schools$2,502
Burlington County$829
Town of Pemberton$1,730
Pemberton average$5,365

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

Town median 49.8%
This home · 48.9%

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
216 SEMINOLE TR2025-06$320,0001,36449.1%
311 MOHAWK TR2025-04$260,0001,36458.4%
412 CALIFORNIA TR2025-03$350,0001,40844.4%
503 NEW YORK RD2025-08$337,0001,32955.0%
217 COVILLE DR2025-11$318,0001,35648.2%
203 COVILLE DR2025-08$364,0001,34842.5%
107 NEW JERSEY RD2025-04$260,0001,28861.6%
200 RUGBY ST2026-03$320,0001,39251.8%
404 W VIRGINIA RD2025-02$340,0001,30047.6%
228 COVILLE DR2026-02$192,0001,31077.0%
2 COOSA TR2026-04$303,8881,25649.5%
111 HUCKLEBERRY LN2026-03$380,0001,39444.6%

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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 →