The Fair Share Report
608 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 $202,478 – $330,682, 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 $292,665 home should be assessed near $174,692.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $31,492 below what the ratio math suggests (18.0%).
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
35%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 |
|---|---|---|---|---|
| 315 ALGONQUIN TR | 2025-12 | $300,000 | 1,200 | 48.1% |
| 22 MARICOPA TR | 2025-02 | $260,000 | 1,248 | 55.3% |
| 9 CRESCENT DR | 2025-05 | $335,000 | 1,263 | 42.3% |
| 311 BLACKFOOT TR | 2025-08 | $395,000 | 1,128 | 48.7% |
| 12 HEATHER ST | 2025-07 | $349,000 | 1,276 | 47.4% |
| 2 COOSA TR | 2026-04 | $303,888 | 1,256 | 49.5% |
| 520 W VIRGINIA RD | 2026-04 | $245,000 | 1,300 | 62.9% |
| 310 PIUTE TR | 2026-01 | $317,500 | 1,120 | 49.9% |
| 384 WILDROSE ST | 2026-01 | $275,000 | 1,152 | 49.8% |
| 312 SPRING LAKE BLVD | 2026-02 | $187,500 | 1,092 | 74.7% |
| 515 W VIRGINIA RD | 2025-11 | $350,000 | 1,372 | 51.6% |
| 515 W VIRGINIA RD | 2025-03 | $225,000 | 1,372 | 80.3% |
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