The Fair Share Report
9 Exeter Ct
Lumberton, NJ 08048
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 $711,350 – $896,626, 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 $764,299 home should be assessed near $500,234.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $75,234 below what the ratio math suggests (15.0%).
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
40%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 |
|---|---|---|---|---|
| 15 MILLWAY ROAD | 2026-04 | $900,000 | 2,854 | 45.6% |
| 2 BROOK LN | 2025-03 | $865,000 | 2,816 | 61.9% |
| 11 CHASE RD | 2026-04 | $867,500 | 2,832 | 51.5% |
| 4 GLADIOLA LANE | 2025-01 | $850,000 | 2,792 | 52.0% |
| 16 WINDERMERE DRIVE | 2025-05 | $700,000 | 2,788 | 60.2% |
| 6 BLACK PINE LANE | 2025-01 | $685,000 | 2,832 | 61.4% |
| 16 CALVERT LN | 2025-05 | $750,000 | 3,040 | 53.3% |
| 11 ABINGTON WAY | 2025-12 | $720,000 | 2,698 | 52.1% |
| 43 TYNEMOUTH DRIVE | 2025-04 | $695,000 | 3,024 | 61.9% |
| 14 CALVERT LN | 2025-06 | $681,000 | 2,610 | 63.1% |
| 10 COTTONWOOD DRIVE | 2026-04 | $900,000 | 3,016 | 57.1% |
| 10 COTTONWOOD DRIVE | 2025-06 | $862,000 | 3,016 | 59.6% |
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