The Fair Share Report

405 Pardee Blvd

Pemberton, NJ 08055

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

≈ $337,186

Likely range $314,224 – $401,513, 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 $337,186 home should be assessed near $201,266.

Step 3 · Assessed value

$150,600

Set at the last town-wide revaluation and mostly frozen since. That's $50,666 below what the ratio math suggests (25.2%).

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

$4,899/yr
Public schools$2,422
Burlington County$803
Town of Pemberton$1,675
Pemberton average$5,365

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

Town median 49.8%
This home · 44.7%

32%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
148 CANNA ST2026-02$310,0001,27448.9%
106 TECUMSEH TR2026-03$425,0001,30043.6%
405 CHIPPEWA TR2025-02$415,0001,30048.3%
3 ESCAMBIA TR2025-04$380,0001,39244.3%
301 TECUMSEH TR2026-03$430,0001,27638.8%
1712 RED FEATHER TR2025-01$330,0001,28847.5%
111 BOBOLINK BLVD2025-08$287,0001,28859.4%
23 MARICOPA TR2025-07$359,0001,53648.8%
225 MAGNOLIA RD2026-01$370,0001,43243.8%
54 TECUMSEH TR2025-07$330,0001,14444.4%
13 CHEROKEE DR2025-04$339,9001,24846.1%
301 CACTUS ST2026-01$350,0001,46453.7%

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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 →