The Fair Share Report

612 Berkeley Dr

Pemberton, NJ 08053

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

≈ $307,826

Likely range $242,672 – $339,018, from 12 comparable Pemberton sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

59.69%

The state's official measure of how far Pemberton assessments sit below market value — republished every October, applied town-wide. A $307,826 home should be assessed near $183,741.

Step 3 · Assessed value

$138,500

Set at the last town-wide revaluation and mostly frozen since. That's $45,241 below what the ratio math suggests (24.6%).

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

$3.253 per $100 assessed

$1.608 Schools · 49% $0.533 County · 16% $1.112 Town · 34%

Step 5 · The bill

$4,505/yr
Public schools$2,227
Burlington County$738
Town of Pemberton$1,540
Pemberton average$5,365

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

Town median 49.8%
This home · 45.0%

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)

AddressSoldPriceSq ftRatio
315 ALGONQUIN TR2025-12$300,0001,20048.1%
311 BLACKFOOT TR2025-08$395,0001,12848.7%
384 WILDROSE ST2026-01$275,0001,15249.8%
310 PIUTE TR2026-01$317,5001,12049.9%
312 SPRING LAKE BLVD2026-02$187,5001,09274.7%
9 CRESCENT DR2025-05$335,0001,26342.3%
22 MARICOPA TR2025-02$260,0001,24855.3%
3 SOMMERS LN2025-06$435,0001,12036.7%
12 HEATHER ST2025-07$349,0001,27647.4%
75 LARKSPUR ST2025-04$291,5001,20047.3%
62 ALYSSUM ST2025-04$235,0001,10056.9%
306 APACHE TR2025-12$349,9001,08848.9%

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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 →