The Fair Share Report

72 New 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.

Step 1 · Market value

≈ $514,896

Likely range $442,950 – $635,410, from 12 comparable Tabernacle sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

56.46%

The state's official measure of how far Tabernacle assessments sit below market value — republished every October, applied town-wide. A $514,896 home should be assessed near $290,710.

Step 3 · Assessed value

$309,700

Set at the last town-wide revaluation and mostly frozen since. That's $18,990 above what the ratio math suggests (6.5%).

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

$3.381 per $100 assessed

$2.315 Schools · 68% $0.555 County · 16% $0.512 Town · 15%

Step 5 · The bill

$10,474/yr
Public schools$7,170
Burlington County$1,719
Town of Tabernacle$1,586
Tabernacle average$9,269

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

Town median 50.8%
This home · 60.1%

37%75%

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)

AddressSoldPriceSq ftRatio
94 POWELL PLACE ROAD2025-06$665,0002,29649.9%
140 CARRANZA ROAD2025-08$226,0001,884105.9%
50 BOZARTHTOWN ROAD2025-04$782,5003,14247.9%
13 MARK LANE2025-08$480,0002,11761.2%
8 VALE DRIVE2025-07$486,8752,22458.8%
62 SUMMIT DRIVE2025-06$575,0001,94447.8%
145 SOOY PLACE ROAD2025-05$460,0002,22851.8%
27 STEVENS LANE2025-09$750,0003,05849.6%
86 PATTY BOWKER ROAD2026-03$450,0002,43763.2%
4 ELDORADO DRIVE2025-08$600,0002,12846.2%
9 FOREST LANE2025-02$542,2502,41252.4%
226 OAK LANE2025-01$475,0002,02450.4%

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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 →