The Fair Share Report

4 Third Ave

Pemberton, NJ 08041

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

≈ $402,903

Likely range $377,291 – $490,081, from 12 comparable Pemberton sales in the past 18 months (home size estimated from assessor data — range widened).

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 $402,903 home should be assessed near $240,493.

Step 3 · Assessed value

$203,200

Set at the last town-wide revaluation and mostly frozen since. That's $37,293 below what the ratio math suggests (15.5%).

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

$6,610/yr
Public schools$3,267
Burlington County$1,083
Town of Pemberton$2,260
Pemberton average$5,365

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

Town median 49.8%
This home · 50.4%

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)

AddressSoldPriceSq ftRatio
23 HOMESTEAD DR2026-01$500,0001,99850.0%
323 WILDROSE ST2026-01$407,0001,88453.5%
323 WILDROSE ST2025-10$275,0001,88479.2%
15 HOMESTEAD DR2025-07$512,0001,99849.0%
303 BLACKFOOT TR2025-02$390,0001,84849.0%
76 TECUMSEH TR2026-03$435,0002,06056.4%
124 HANOVER BLVD2025-05$402,0001,74661.4%
428 PARDEE BLVD2026-05$460,0002,20048.8%
420 MONTANA TR2025-03$490,0001,84452.1%
505 WISCONSIN DR2025-12$395,0001,88848.3%
310 MONTANA TR2025-09$510,0002,00051.7%
115 HANOVER BLVD2025-10$454,0002,01655.6%

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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 →