The Fair Share Report

10 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

≈ $333,218

Likely range $309,395 – $375,777, 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 $333,218 home should be assessed near $200,064.

Step 3 · Assessed value

$143,600

Set at the last town-wide revaluation and mostly frozen since. That's $56,464 below what the ratio math suggests (28.2%).

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

$4,576/yr
Public schools$3,084
Burlington County$724
Town of Mount Laurel$768
Mount Laurel average$7,506

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

Town median 48.4%
This home · 43.1%

33%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
61 EDDYSTONE WAY2025-01$370,0001,34446.0%
10 EDDYSTONE WAY2025-08$420,0001,34440.3%
312B MITTEN LA2025-07$305,0001,33642.6%
312B DELANCEY PL2025-06$280,0001,33646.0%
122B ARDEN CT2025-05$335,0001,33644.8%
417 JAMESTOWN CT2025-07$368,0001,33342.7%
418 JAMESTOWN CT2025-01$330,0001,33348.4%
71 EDDYSTONE WAY2025-11$320,0001,33153.6%
71 EDDYSTONE WAY2025-02$459,9001,33137.3%
384 INVERNESS CT2025-11$360,0001,33040.8%
404 JAMESTOWN CT2025-10$360,0001,33043.6%
210 AUGUSTA CIR2026-04$210,0001,33887.3%

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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 →