The Fair Share Report
607 Berkeley Dr
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $162,780 – $328,263, from 12 comparable Pemberton 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 Pemberton assessments sit below market value — republished every October, applied town-wide. A $279,943 home should be assessed near $167,098.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $46,298 below what the ratio math suggests (27.7%).
Step 4 · The tax rate — same for every Pemberton home
$1.608 Schools · 49% $0.533 County · 16% $1.112 Town · 34%
Step 5 · The bill
This home vs. every recent Pemberton sale · assessed ÷ market
31%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 610 BERKELEY DR | 2025-09 | $313,000 | 972 | 42.4% |
| 123 S PEMBERTON RD | 2025-10 | $275,000 | 1,014 | 50.8% |
| 315 W VIRGINIA RD | 2026-04 | $304,990 | 1,004 | 43.3% |
| 3202 S LAKESHORE DR | 2025-03 | $337,000 | 1,040 | 41.0% |
| 305 BLACKFOOT TR | 2025-02 | $280,500 | 1,008 | 47.1% |
| 24 WILTSHIRE WY | 2026-01 | $145,900 | 1,026 | 95.5% |
| 1 TRAINOR PL | 2025-09 | $250,000 | 912 | 56.1% |
| 7 FLAG ST | 2025-07 | $289,440 | 936 | 45.7% |
| 11 SECOND AV | 2025-09 | $171,500 | 960 | 76.7% |
| 312 SPRING LAKE BLVD | 2026-02 | $187,500 | 1,092 | 74.7% |
| 1203 CONNECTICUT RD | 2025-10 | $296,000 | 1,004 | 43.5% |
| 19 CRESCENT DR | 2025-12 | $170,000 | 1,008 | 72.5% |
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