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.

Step 1 · Market value

≈ $277,970

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

60.04%

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

$106,500

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

$3.128 per $100 assessed

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

Step 5 · The bill

$3,579/yr
Public schools$2,412
Burlington County$567
Town of Mount Laurel$601
Mount Laurel average$7,506

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

Town median 48.4%
This home · 38.3%

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
907A OLIPHANT LA2026-04$285,0001,07354.4%
705A WHARTON RD2025-12$275,0001,10357.2%
5503A ADELAIDE DR2025-01$250,0001,08444.0%
2803 SWEETLEAF TERR2025-11$300,0001,13343.2%
803 GINGER CT2025-06$290,0001,13340.8%
2705A HEATHERSTONE CT2026-04$300,0001,08042.9%
601A SEDGEFIELD DR2025-12$290,0001,08044.4%
1707A HEATHERSTONE CT2025-12$275,0001,08047.1%
1001A SEDGEFIELD DR2025-01$270,0001,08047.7%
4503A ALBRIDGE WAY2026-03$270,0001,08049.9%
2407A SHURLOCK CT2026-02$285,0001,08047.3%
2101A DENHAM CT2025-06$255,0001,08052.6%

Is this your house?

Run your own report →

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 →