The Fair Share Report
8 Rakepond Rd
Pemberton, NJ 08064
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 $456,186 – $649,661, 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 $530,958 home should be assessed near $316,929.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $59,871 above what the ratio math suggests (18.9%).
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
35%88%
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 460 PEMBERTON BY PASS | 2025-08 | $655,600 | 2,448 | 38.5% |
| 118 BISHOP ST | 2025-07 | $387,500 | 4,524 | 77.1% |
| 51 ARNEY'S MT RD | 2026-04 | $575,000 | 3,401 | 62.8% |
| 1 PONCA LN | 2026-02 | $412,500 | 2,672 | 69.2% |
| 428 PARDEE BLVD | 2026-05 | $460,000 | 2,200 | 48.8% |
| 1 W LAKESHORE DR | 2025-04 | $400,000 | 1,728 | 50.5% |
| 301 W LAKESHORE DR | 2025-10 | $570,000 | 2,624 | 46.1% |
| 215 SEMINOLE TR | 2025-09 | $410,000 | 2,424 | 56.0% |
| 111 MARGARET ST | 2025-07 | $390,000 | 2,608 | 52.0% |
| 144 ACORN CT | 2025-02 | $460,000 | 2,529 | 53.6% |
| 209 REEVES AV | 2025-10 | $436,000 | 2,484 | 50.2% |
| 1003 NEW YORK RD | 2025-05 | $377,000 | 2,292 | 51.7% |
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