The Fair Share Report
32 Springfield Rd
Pemberton, NJ 08064
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 $211,457 – $358,647, 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 $316,481 home should be assessed near $188,908.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $15,908 below what the ratio math suggests (8.4%).
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%87%
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 |
|---|---|---|---|---|
| 11 COREOPSIS ST | 2025-05 | $317,000 | 1,352 | 50.8% |
| 117 WAVERLY ST | 2025-07 | $320,000 | 1,405 | 52.9% |
| 86 JACKSON AV | 2025-03 | $210,000 | 1,335 | 70.0% |
| 837 FOREST AV | 2025-02 | $310,000 | 1,334 | 50.3% |
| 515 W VIRGINIA RD | 2025-11 | $350,000 | 1,372 | 51.6% |
| 515 W VIRGINIA RD | 2025-03 | $225,000 | 1,372 | 80.3% |
| 1402 E LAKESHORE DR | 2025-09 | $320,000 | 1,343 | 53.4% |
| 24 DELAWARE TR | 2025-08 | $319,000 | 1,393 | 51.9% |
| 12 HEATHER ST | 2025-07 | $349,000 | 1,276 | 47.4% |
| 56 BEGONIA ST | 2025-01 | $357,000 | 1,392 | 44.6% |
| 9 CRESCENT DR | 2025-05 | $335,000 | 1,263 | 42.3% |
| 30 CRESCENT DR | 2025-06 | $185,000 | 1,596 | 87.4% |
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