The Fair Share Report

1 E Berwin Way

Mt Laurel, 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.

Step 1 · Market value

≈ $346,343

Likely range $323,455 – $368,319, from 12 comparable Mount Laurel sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

60.04%

The state's official measure of how far Mount Laurel assessments sit below market value — republished every October, applied town-wide. A $346,343 home should be assessed near $207,944.

Step 3 · Assessed value

$136,000

Set at the last town-wide revaluation and mostly frozen since. That's $71,944 below what the ratio math suggests (34.6%).

Step 4 · The tax rate — same for every Mount Laurel home

$3.128 per $100 assessed

$2.107 Schools · 67% $0.495 County · 16% $0.525 Town · 17%

Step 5 · The bill

$4,571/yr
Public schools$3,080
Burlington County$724
Town of Mount Laurel$767
Mount Laurel average$7,506

This home vs. every recent Mount Laurel sale · assessed ÷ market

Town median 48.4%
This home · 39.3%

31%75%

Keep quiet and enjoy it

This home's assessment ratio sits below the Mount Laurel 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
40 E OLEANDER DR2025-11$364,9001,28443.9%
81 POPPY CT2025-07$352,0001,28446.0%
33 E OLEANDER DR2025-06$345,0001,28446.1%
20 E OLEANDER DR2025-03$315,0001,28451.5%
83 EDDYSTONE WAY2026-05$337,5001,27849.2%
1 ADNER DR2025-12$360,0001,27846.8%
36 EDDYSTONE WAY2025-02$362,5001,27846.3%
3296 NEIL'S CT2025-09$325,0001,28437.1%
1341 THORNWOOD DR2025-07$305,0001,28439.5%
1447 THORNWOOD DR2025-07$280,0001,28443.0%
1337 THORNWOOD DR2025-03$345,0001,28434.9%
174 CAMBER LA2025-08$360,0001,28046.3%

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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 →