The Fair Share Report
43 Lee Dr
Tabernacle, NJ 08088
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $401,257 – $472,507, from 12 comparable Tabernacle 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 Tabernacle assessments sit below market value — republished every October, applied town-wide. A $432,111 home should be assessed near $243,970.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $55,870 below what the ratio math suggests (22.9%).
Step 4 · The tax rate — same for every Tabernacle home
$2.315 Schools · 68% $0.555 County · 16% $0.512 Town · 15%
Step 5 · The bill
This home vs. every recent Tabernacle sale · assessed ÷ market
34%70%
Paying about right
This home's ratio lands inside Tabernacle's normal band. The drift hasn't singled it out — no case for a tax appeal.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 47 LAKEVIEW DRIVE | 2025-07 | $429,000 | 1,720 | 38.2% |
| 1533 ROUTE 206 | 2026-03 | $403,000 | 1,707 | 55.5% |
| 88 OAK SHADE ROAD | 2025-06 | $510,000 | 1,816 | 48.9% |
| 20 LAUREL DRIVE | 2025-06 | $525,000 | 1,824 | 51.4% |
| 17 SOUTH PARK ROAD | 2025-08 | $424,000 | 1,800 | 46.3% |
| 140 CARRANZA ROAD | 2025-08 | $226,000 | 1,884 | 105.9% |
| 3 HOLLY PARK DRIVE | 2025-04 | $435,000 | 1,644 | 48.7% |
| 26 WORRELL ROAD | 2025-11 | $407,500 | 1,916 | 45.8% |
| 221 OAK LANE | 2025-09 | $340,000 | 1,638 | 63.4% |
| 21 SANDRA LANE | 2025-05 | $490,000 | 1,968 | 58.5% |
| 10 STEVENS LANE | 2025-07 | $510,000 | 1,904 | 47.2% |
| 49 SUMMIT DRIVE | 2025-06 | $465,000 | 2,008 | 40.5% |
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