The Fair Share Report

4 Exeter Ct

Lumberton, NJ 08048

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

≈ $691,369

Likely range $662,079 – $707,585, from 12 comparable Lumberton sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

65.45%

The state's official measure of how far Lumberton assessments sit below market value — republished every October, applied town-wide. A $691,369 home should be assessed near $452,501.

Step 3 · Assessed value

$395,000

Set at the last town-wide revaluation and mostly frozen since. That's $57,501 below what the ratio math suggests (12.7%).

Step 4 · The tax rate — same for every Lumberton home

$3.039 per $100 assessed

$2.073 Schools · 68% $0.500 County · 16% $0.466 Town · 15%

Step 5 · The bill

$12,004/yr
Public schools$8,188
Burlington County$1,975
Town of Lumberton$1,841
Lumberton average$9,147

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

Town median 56.5%
This home · 57.1%

40%81%

Paying about right

This home's ratio lands inside Lumberton'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
14 CALVERT LN2025-06$681,0002,61063.1%
11 ABINGTON WAY2025-12$720,0002,69852.1%
25 WESTMINSTER DRIVE2025-07$710,0002,67251.3%
16 WINDERMERE DRIVE2025-05$700,0002,78860.2%
131 HARROGATE DRIVE2025-06$677,0002,58859.1%
6 BLACK PINE LANE2025-01$685,0002,83261.4%
14 THORNHILL DRIVE2025-08$710,0002,73649.4%
4 WAVERLY DRIVE2025-07$645,0002,47657.2%
10 WHITEHAVEN DRIVE2026-01$670,0002,49250.8%
105 STONEBROOK DRIVE2026-01$661,0002,63149.2%
24 GATESHEAD DRIVE2026-02$537,0002,40268.3%
16 CALVERT LN2025-05$750,0003,04053.3%

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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 →