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.
This home's full record →Check another house →
Step 1 · Market value
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
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
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
$2.073 Schools · 68% $0.500 County · 16% $0.466 Town · 15%
Step 5 · The bill
This home vs. every recent Lumberton sale · assessed ÷ market
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 4 WAVERLY DRIVE | 2025-07 | $645,000 | 2,476 | 57.2% |
| 51 TYNEMOUTH DRIVE | 2025-06 | $667,000 | 2,312 | 48.7% |
| 10 WHITEHAVEN DRIVE | 2026-01 | $670,000 | 2,492 | 50.8% |
| 22 MILLWAY ROAD | 2025-09 | $885,000 | 2,556 | 46.9% |
| 11 ABINGTON WAY | 2025-12 | $720,000 | 2,698 | 52.1% |
| 14 AMARYLLIS LANE | 2025-10 | $999,000 | 2,618 | 48.2% |
| 131 HARROGATE DRIVE | 2025-06 | $677,000 | 2,588 | 59.1% |
| 53 FLEMISH WAY | 2025-06 | $790,500 | 2,263 | 50.3% |
| 4 GLADIOLA LANE | 2025-01 | $850,000 | 2,792 | 52.0% |
| 16 WINDERMERE DRIVE | 2025-05 | $700,000 | 2,788 | 60.2% |
| 15 MILLWAY ROAD | 2026-04 | $900,000 | 2,854 | 45.6% |
| 71 KINGSBRIDGE DRIVE | 2026-03 | $540,000 | 2,224 | 66.3% |
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