The Fair Share Report
1007 Ginger 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 $269,752 – $289,921, 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
The state's official measure of how far Mount Laurel assessments sit below market value — republished every October, applied town-wide. A $277,970 home should be assessed near $166,893.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $60,393 below what the ratio math suggests (36.2%).
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
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 907A OLIPHANT LA | 2026-04 | $285,000 | 1,073 | 54.4% |
| 705A WHARTON RD | 2025-12 | $275,000 | 1,103 | 57.2% |
| 5503A ADELAIDE DR | 2025-01 | $250,000 | 1,084 | 44.0% |
| 2803 SWEETLEAF TERR | 2025-11 | $300,000 | 1,133 | 43.2% |
| 803 GINGER CT | 2025-06 | $290,000 | 1,133 | 40.8% |
| 2705A HEATHERSTONE CT | 2026-04 | $300,000 | 1,080 | 42.9% |
| 601A SEDGEFIELD DR | 2025-12 | $290,000 | 1,080 | 44.4% |
| 1707A HEATHERSTONE CT | 2025-12 | $275,000 | 1,080 | 47.1% |
| 1001A SEDGEFIELD DR | 2025-01 | $270,000 | 1,080 | 47.7% |
| 4503A ALBRIDGE WAY | 2026-03 | $270,000 | 1,080 | 49.9% |
| 2407A SHURLOCK CT | 2026-02 | $285,000 | 1,080 | 47.3% |
| 2101A DENHAM CT | 2025-06 | $255,000 | 1,080 | 52.6% |
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