The Fair Share Report

5 Wagon Rd

Lumberton, NJ 08048

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

≈ $661,665

Likely range $637,575 – $884,672, from 12 comparable Lumberton sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

65.45%

The state's official measure of how far Lumberton assessments sit below market value — republished every October, applied town-wide. A $661,665 home should be assessed near $433,060.

Step 3 · Assessed value

$380,000

Set at the last town-wide revaluation and mostly frozen since. That's $53,060 below what the ratio math suggests (12.3%).

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

$3.039 per $100 assessed

$2.073 Schools · 68% $0.500 County · 16% $0.466 Town · 15%

Step 5 · The bill

$11,548/yr
Public schools$7,877
Burlington County$1,900
Town of Lumberton$1,771
Lumberton average$9,147

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

Town median 56.5%
This home · 57.4%

38%81%

Paying about right

This home's ratio lands inside Lumberton'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
4 WAVERLY DRIVE2025-07$645,0002,47657.2%
51 TYNEMOUTH DRIVE2025-06$667,0002,31248.7%
10 WHITEHAVEN DRIVE2026-01$670,0002,49250.8%
22 MILLWAY ROAD2025-09$885,0002,55646.9%
11 ABINGTON WAY2025-12$720,0002,69852.1%
14 AMARYLLIS LANE2025-10$999,0002,61848.2%
131 HARROGATE DRIVE2025-06$677,0002,58859.1%
53 FLEMISH WAY2025-06$790,5002,26350.3%
4 GLADIOLA LANE2025-01$850,0002,79252.0%
16 WINDERMERE DRIVE2025-05$700,0002,78860.2%
15 MILLWAY ROAD2026-04$900,0002,85445.6%
71 KINGSBRIDGE DRIVE2026-03$540,0002,22466.3%

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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 →