The Fair Share Report

446 Beech Ave

Pemberton, NJ 08015

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

≈ $393,983

Likely range $327,034 – $403,342, from 12 comparable Pemberton sales in the past 18 months, at this home's 1,742 sq ft.

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 $393,983 home should be assessed near $235,168.

Step 3 · Assessed value

$216,500

Set at the last town-wide revaluation and mostly frozen since. That's $18,668 below what the ratio math suggests (7.9%).

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

$7,043/yr
Public schools$3,481
Burlington County$1,154
Town of Pemberton$2,407
Pemberton average$5,365

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

Town median 49.8%
This home · 55.0%

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
1 W LAKESHORE DR2025-04$400,0001,72850.5%
68 LILY ST2025-01$400,0001,73954.4%
39 PEPPER RD2025-07$150,0001,692109.6%
23 VINCENTOWN RD2025-05$445,0001,85450.5%
20 DAKOTA TR2025-03$275,5001,68184.0%
5 CHESTNUT AV2026-03$310,0001,62161.2%
752 CHERRY AV2025-05$370,0001,59856.6%
318 RIDGE RD2026-03$400,0001,45637.5%
256 RIDGE RD2025-10$365,0001,56444.5%
405 WHITE PINE CT2025-06$465,0002,05653.3%
148 OAK PINES BLVD2025-11$360,0001,76053.9%
419 CHIPPEWA TR2026-01$357,5001,81459.4%

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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 →