The Fair Share Report

1 Rushwick Rd

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

≈ $642,589

Likely range $613,642 – $699,161, 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 $642,589 home should be assessed near $385,810.

Step 3 · Assessed value

$320,400

Set at the last town-wide revaluation and mostly frozen since. That's $65,410 below what the ratio math suggests (17.0%).

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

$10,769/yr
Public schools$7,256
Burlington County$1,705
Town of Mount Laurel$1,808
Mount Laurel average$7,506

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

Town median 48.4%
This home · 49.9%

36%75%

Paying about right

This home's ratio lands inside Mount Laurel's normal band. The drift hasn't singled it out — no case for a tax appeal.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
610 WOODTHRUSH CT2025-08$635,0002,24048.1%
4 STRATFORD LA2025-08$620,0002,27644.6%
104 KNOTTY OAK DR2025-12$715,0002,32243.3%
64 STRATFORD LA2025-11$707,0002,22140.8%
8 CONOVER CT2025-08$606,0002,12053.6%
11 CONOVER CT2025-01$607,0002,12049.6%
601 TALLOWOOD LA2026-04$599,9002,14345.8%
149 INDIGO DR2026-04$547,5002,23546.6%
10 WARWICK CT2025-09$755,0002,35240.8%
1 WEMBLEY DR2025-08$675,0002,34745.5%
607 WOODTHRUSH CT2025-12$615,0002,24048.9%
514 FOXWOOD DR2026-04$625,0002,24047.0%

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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 →