The Fair Share Report
10 Pardee Ct
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $298,877 – $360,271, from 12 comparable Mount Laurel sales in the past 18 months, at this home's 1,331 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Mount Laurel assessments sit below market value — republished every October, applied town-wide. A $316,810 home should be assessed near $190,213.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $15,413 below what the ratio math suggests (8.1%).
Step 4 · The tax rate — same for every Mount Laurel home
$2.107 Schools · 67% $0.495 County · 16% $0.525 Town · 17%
Step 5 · The bill
This home vs. every recent Mount Laurel sale · assessed ÷ market
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 384 INVERNESS CT | 2025-11 | $360,000 | 1,330 | 40.8% |
| 404 JAMESTOWN CT | 2025-10 | $360,000 | 1,330 | 43.6% |
| 417 JAMESTOWN CT | 2025-07 | $368,000 | 1,333 | 42.7% |
| 418 JAMESTOWN CT | 2025-01 | $330,000 | 1,333 | 48.4% |
| 1 MARINA CT | 2025-06 | $422,000 | 1,331 | 40.8% |
| 4108B WATERPERRY CT | 2026-03 | $310,000 | 1,336 | 48.5% |
| 208B SEDGEFIELD DR | 2026-01 | $315,000 | 1,336 | 47.1% |
| 302B HARWOOD CT | 2025-12 | $318,000 | 1,336 | 48.1% |
| 3402B RAMSBURY CT | 2025-08 | $305,000 | 1,336 | 49.3% |
| 608B SEDGEFIELD DR | 2025-06 | $300,000 | 1,336 | 48.5% |
| 122B ARDEN CT | 2025-05 | $335,000 | 1,336 | 44.8% |
| 502B HARWOOD CT | 2025-04 | $330,000 | 1,336 | 45.5% |
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