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.

Step 1 · Market value

≈ $330,842

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

59.69%

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

$131,500

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

$3.253 per $100 assessed

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

Step 5 · The bill

$4,278/yr
Public schools$2,115
Burlington County$701
Town of Pemberton$1,462
Pemberton average$5,365

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

Town median 49.8%
This home · 39.7%

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)

AddressSoldPriceSq ftRatio
3202 S LAKESHORE DR2025-03$337,0001,04041.0%
410 LAKEHURST RD2025-10$323,2001,06440.5%
9 BROADWAY2025-03$379,9001,22442.7%
24 WILTSHIRE WY2026-01$145,9001,02695.5%
130 POINTVILLE RD2026-03$425,0001,10435.5%
101 WAVERLY ST2025-11$360,0001,15243.7%
503 HANOVER BLVD2025-04$370,00096448.6%
2 dover place2025-05$207,0001,24881.5%
3 HIGHRIDGE DR2025-07$318,0001,04039.0%
2158 HANOVER BLVD2026-02$340,0001,05645.1%
224 CHEROKEE DR2026-02$317,5001,16449.2%
10 CHIPPEWA TR2025-09$330,0001,00441.2%

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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 →