The Fair Share Report
903 Junction 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 $296,827 – $385,890, 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 $351,635 home should be assessed near $209,891.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $69,191 below what the ratio math suggests (33.0%).
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
31%81%
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 |
|---|---|---|---|---|
| 224 CHEROKEE DR | 2026-02 | $317,500 | 1,164 | 49.2% |
| 301 TECUMSEH TR | 2026-03 | $430,000 | 1,276 | 38.8% |
| 106 FLORIDA TR | 2025-12 | $345,000 | 1,172 | 47.1% |
| 148 CANNA ST | 2026-02 | $310,000 | 1,274 | 48.9% |
| 54 TECUMSEH TR | 2025-07 | $330,000 | 1,144 | 44.4% |
| 101 WAVERLY ST | 2025-11 | $360,000 | 1,152 | 43.7% |
| 2 dover place | 2025-05 | $207,000 | 1,248 | 81.5% |
| 3203 N LAKESHORE DR | 2025-10 | $329,000 | 1,149 | 46.1% |
| 120 ALABAMA TR | 2025-11 | $360,000 | 1,440 | 49.3% |
| 9 BROADWAY | 2025-03 | $379,900 | 1,224 | 42.7% |
| 3 HIGHRIDGE DR | 2025-07 | $318,000 | 1,040 | 39.0% |
| 30 MARYGOLD AV | 2025-12 | $155,000 | 1,336 | 113.2% |
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