The Fair Share Report
7 Lake Rd
Tabernacle, NJ 08088
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 $338,816 – $481,934, from 12 comparable Tabernacle 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 Tabernacle assessments sit below market value — republished every October, applied town-wide. A $408,898 home should be assessed near $230,864.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $40,664 below what the ratio math suggests (17.6%).
Step 4 · The tax rate — same for every Tabernacle home
$2.315 Schools · 68% $0.555 County · 16% $0.512 Town · 15%
Step 5 · The bill
This home vs. every recent Tabernacle sale · assessed ÷ market
34%70%
Paying about right
This home's ratio lands inside Tabernacle'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 |
|---|---|---|---|---|
| 73 HAWKIN ROAD | 2025-05 | $365,000 | 1,406 | 32.3% |
| 47 LAKEVIEW DRIVE | 2025-07 | $429,000 | 1,720 | 38.2% |
| 1426 ROUTE 206 | 2025-07 | $340,000 | 1,938 | 50.4% |
| 221 OAK LANE | 2025-09 | $340,000 | 1,638 | 63.4% |
| 3 HOLLY PARK DRIVE | 2025-04 | $435,000 | 1,644 | 48.7% |
| 5 MOORE ROAD | 2025-08 | $475,000 | 1,512 | 43.6% |
| 20 AVENUE A | 2025-09 | $521,000 | 1,624 | 49.6% |
| 9 ANNE DRIVE | 2025-05 | $470,000 | 1,440 | 38.6% |
| 88 OAK SHADE ROAD | 2025-06 | $510,000 | 1,816 | 48.9% |
| 26 WOODSIDE DRIVE | 2025-10 | $420,000 | 2,002 | 47.2% |
| 20 LAUREL DRIVE | 2025-06 | $525,000 | 1,824 | 51.4% |
| 26 WORRELL ROAD | 2025-11 | $407,500 | 1,916 | 45.8% |
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