The Fair Share Report

342 Brook St

Pemberton, NJ 08075

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

≈ $100,085

Likely range $85,643 – $109,313, from 12 comparable Pemberton sales in the past 18 months, at this home's 441 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 $100,085 home should be assessed near $59,741.

Step 3 · Assessed value

$72,900

Set at the last town-wide revaluation and mostly frozen since. That's $13,159 above what the ratio math suggests (22.0%).

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

$2,371/yr
Public schools$1,172
Burlington County$389
Town of Pemberton$811
Pemberton average$5,365

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

Town median 49.8%
This home · 72.8%

35%91%

A touch high — worth watching

This home's ratio sits above most of Pemberton, but doesn't clear NJ's legal appeal line (68.64%).

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
122 GARDEN AV2025-08$160,00052847.6%
138 DONOMA ST2025-06$130,00052864.5%
40 HYDRANGEA ST2025-12$109,00066690.2%
49 POPPY ST2025-09$241,00066040.7%
53 POPPY ST2025-09$240,00066041.3%
120 NORFOLK ST2025-03$105,00056091.4%
142 KINSLEY RD2025-05$134,00069040.9%
195 KINSLEY RD2025-01$142,00069037.7%
19 KENT ST2026-02$170,00077773.6%
214 NORCROSS LN2025-10$90,00070561.0%
916 PEMBROWN RD2025-06$160,00070533.5%
121 LEMMON AV2025-02$145,00070537.9%

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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 →