The Fair Share Report
36 Springfield Rd
Pemberton, NJ 08064
The town adjusts for market price changes once a year — but only based on the average price change of all homes in the area. This report checks whether this house's assessment kept pace.
This home's payments are about right
It sits inside Pemberton's normal range — market price changes haven't singled it out. No case for a tax appeal.
Step 1 · Market value
Likely range $434,266 – $534,526, 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 $489,971 home should be assessed near $292,464.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $23,064 below what the ratio math suggests (7.9%).
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%
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 319 COLORADO TR | 2025-05 | $475,000 | 2,443 | 51.9% |
| 144 ACORN CT | 2025-02 | $460,000 | 2,529 | 53.6% |
| 22 TECUMSEH TR | 2025-09 | $460,000 | 2,496 | 49.8% |
| 22 TECUMSEH TR | 2025-03 | $200,000 | 2,496 | 114.6% |
| 428 PARDEE BLVD | 2026-05 | $460,000 | 2,200 | 48.8% |
| 307 COLORADO TR | 2026-03 | $450,000 | 2,043 | 47.2% |
| 215 SEMINOLE TR | 2025-09 | $410,000 | 2,424 | 56.0% |
| 61 HOMESTEAD DR | 2025-05 | $535,000 | 2,553 | 56.9% |
| 209 REEVES AV | 2025-10 | $436,000 | 2,484 | 50.2% |
| 17 GRIST MILL CT | 2025-04 | $525,000 | 2,553 | 55.6% |
| 108 LOUISIANA TR | 2025-12 | $460,000 | 2,241 | 43.3% |
| 108 LOUISIANA TR | 2025-07 | $250,000 | 2,241 | 79.6% |
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