The Fair Share Report
315 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 $277,180 – $354,033, 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 $329,744 home should be assessed near $196,824.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $48,224 below what the ratio math suggests (24.5%).
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 |
|---|---|---|---|---|
| 1712 RED FEATHER TR | 2025-01 | $330,000 | 1,288 | 47.5% |
| 13 CHEROKEE DR | 2025-04 | $339,900 | 1,248 | 46.1% |
| 311 SUMACH ST | 2025-10 | $315,000 | 1,274 | 47.3% |
| 405 CHIPPEWA TR | 2025-02 | $415,000 | 1,300 | 48.3% |
| 120 SNOW AV | 2025-12 | $295,000 | 1,274 | 49.8% |
| 15 ALMOND AV | 2025-05 | $359,900 | 1,288 | 48.6% |
| 106 TECUMSEH TR | 2026-03 | $425,000 | 1,300 | 43.6% |
| 404 W VIRGINIA RD | 2025-02 | $340,000 | 1,300 | 47.6% |
| 428 BAYBERRY ST | 2026-04 | $285,000 | 1,288 | 59.0% |
| 11 MILLER ST | 2025-03 | $325,000 | 1,274 | 45.7% |
| 107 NEW JERSEY RD | 2025-04 | $260,000 | 1,288 | 61.6% |
| 155 GARDEN AV | 2025-08 | $325,000 | 1,248 | 44.4% |
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