The Fair Share Report

5 Spring 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.

Step 1 · Market value

≈ $436,981

Likely range $372,620 – $492,026, from 12 comparable Tabernacle sales in the past 18 months, at this home's 1,752 sq ft.

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 $436,981 home should be assessed near $246,719.

Step 3 · Assessed value

$198,000

Set at the last town-wide revaluation and mostly frozen since. That's $48,719 below what the ratio math suggests (19.7%).

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

$6,696/yr
Public schools$4,584
Burlington County$1,099
Town of Tabernacle$1,014
Tabernacle average$9,269

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

Town median 50.8%
This home · 45.3%

35%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
88 OAK SHADE ROAD2025-06$510,0001,81648.9%
3 HOLLY PARK DRIVE2025-04$435,0001,64448.7%
221 OAK LANE2025-09$340,0001,63863.4%
20 LAUREL DRIVE2025-06$525,0001,82451.4%
454 PRICKETT'S MILL ROAD2025-06$475,0001,91657.6%
450 PRICKETT'S MILL ROAD2025-10$480,0001,92453.3%
3 HANLEY COURT2025-06$580,0001,93446.0%
47 LAKEVIEW DRIVE2025-07$429,0001,72038.2%
26 WORRELL ROAD2025-11$407,5001,91645.8%
6 HORSESHOE COURT2026-03$450,0001,93456.0%
13 MALLARD DRIVE2025-05$600,0001,91344.7%
138 SOOY PLACE ROAD2025-01$405,0002,01653.1%

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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 →