The Fair Share Report
8 Pine Ave
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 $320,477 – $353,950, 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 $330,842 home should be assessed near $197,480.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $65,980 below what the ratio math suggests (33.4%).
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
32%81%
Keep quiet and enjoy it
This home's assessment ratio sits below the Pemberton pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 3202 S LAKESHORE DR | 2025-03 | $337,000 | 1,040 | 41.0% |
| 410 LAKEHURST RD | 2025-10 | $323,200 | 1,064 | 40.5% |
| 9 BROADWAY | 2025-03 | $379,900 | 1,224 | 42.7% |
| 24 WILTSHIRE WY | 2026-01 | $145,900 | 1,026 | 95.5% |
| 130 POINTVILLE RD | 2026-03 | $425,000 | 1,104 | 35.5% |
| 101 WAVERLY ST | 2025-11 | $360,000 | 1,152 | 43.7% |
| 503 HANOVER BLVD | 2025-04 | $370,000 | 964 | 48.6% |
| 2 dover place | 2025-05 | $207,000 | 1,248 | 81.5% |
| 3 HIGHRIDGE DR | 2025-07 | $318,000 | 1,040 | 39.0% |
| 2158 HANOVER BLVD | 2026-02 | $340,000 | 1,056 | 45.1% |
| 224 CHEROKEE DR | 2026-02 | $317,500 | 1,164 | 49.2% |
| 10 CHIPPEWA TR | 2025-09 | $330,000 | 1,004 | 41.2% |
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