The Fair Share Report

5 Budd Ct

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.

Step 1 · Market value

≈ $674,706

Likely range $602,267 – $729,548, from 12 comparable Tabernacle sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

56.46%

The state's official measure of how far Tabernacle assessments sit below market value — republished every October, applied town-wide. A $674,706 home should be assessed near $380,939.

Step 3 · Assessed value

$360,000

Set at the last town-wide revaluation and mostly frozen since. That's $20,939 below what the ratio math suggests (5.5%).

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

$3.381 per $100 assessed

$2.315 Schools · 68% $0.555 County · 16% $0.512 Town · 15%

Step 5 · The bill

$12,175/yr
Public schools$8,334
Burlington County$1,998
Town of Tabernacle$1,843
Tabernacle average$9,269

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

Town median 50.8%
This home · 53.4%

37%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)

AddressSoldPriceSq ftRatio
6 SHERRING WAY2025-07$720,0003,00446.8%
94 POWELL PLACE ROAD2025-06$665,0002,29649.9%
1 SAWMILL RD2025-12$730,0002,44444.8%
27 STEVENS LANE2025-09$750,0003,05849.6%
8 WINCHESTER COURT2025-10$725,0003,25755.9%
4 ALLEN COURT2026-04$650,0002,60849.3%
410 KAILA COURT2026-04$903,0002,48253.6%
241 ASHLEY WAY2025-02$515,0002,76063.2%
19 GRANDE BLVD2026-02$800,0003,13655.2%
50 BOZARTHTOWN ROAD2025-04$782,5003,14247.9%
157 SOOY PLACE ROAD2025-02$505,0002,76053.0%
108 VALERIE WAY2025-07$882,5003,36361.5%

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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 →