The Fair Share Report
8 Second St
Lumberton, NJ 08054
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 $205,916 – $338,482, from 12 comparable Lumberton 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 Lumberton assessments sit below market value — republished every October, applied town-wide. A $237,752 home should be assessed near $155,609.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $30,609 below what the ratio math suggests (19.7%).
Step 4 · The tax rate — same for every Lumberton home
$2.073 Schools · 68% $0.500 County · 16% $0.466 Town · 15%
Step 5 · The bill
This home vs. every recent Lumberton sale · assessed ÷ market
31%81%
Paying about right
This home's ratio lands inside Lumberton'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 |
|---|---|---|---|---|
| 445 LANDING STREET | 2026-02 | $300,000 | 896 | 88.1% |
| 909 WOODCHIP ROAD | 2026-04 | $222,500 | 1,001 | 58.8% |
| 409 DOVE COURT | 2025-07 | $205,000 | 1,001 | 41.5% |
| 303 DOVE COURT | 2026-04 | $230,000 | 907 | 32.6% |
| 103 SANDSTONE COURT | 2025-11 | $190,000 | 907 | 63.7% |
| 215 SANDSTONE COURT | 2025-11 | $215,000 | 907 | 34.9% |
| 210 SANDSTONE COURT | 2025-10 | $223,000 | 907 | 54.0% |
| 507 WOODCHIP ROAD | 2025-10 | $197,500 | 907 | 61.7% |
| 815 WOODCHIP ROAD | 2025-05 | $202,500 | 907 | 40.5% |
| 503 WOODCHIP ROAD | 2025-01 | $190,000 | 907 | 64.0% |
| 46 ROCKLAND TERRACE | 2026-04 | $365,000 | 960 | 37.8% |
| 56 NASSAU ROAD | 2025-10 | $330,000 | 960 | 47.4% |
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