The Fair Share Report

11 E Sutton Ave

Moorestown, NJ 08057

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

≈ $611,886

Likely range $451,917 – $666,803, from 12 comparable Moorestown sales in the past 18 months, at this home's 1,993 sq ft.

Step 2 · The Director's Ratio

61.44%

The state's official measure of how far Moorestown assessments sit below market value — republished every October, applied town-wide. A $611,886 home should be assessed near $375,943.

Step 3 · Assessed value

$390,300

Set at the last town-wide revaluation and mostly frozen since. That's $14,357 above what the ratio math suggests (3.8%).

Step 4 · The tax rate — same for every Moorestown home

$2.813 per $100 assessed

$1.871 Schools · 67% $0.489 County · 17% $0.453 Town · 16%

Step 5 · The bill

$11,311/yr
Public schools$7,523
Burlington County$1,966
Town of Moorestown$1,821
Moorestown average$13,076

This home vs. every recent Moorestown sale · assessed ÷ market

Town median 51.8%
This home · 63.8%

35%92%

A touch high — worth watching

This home's ratio sits above most of Moorestown, but doesn't clear NJ's legal appeal line (70.66%).

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

AddressSoldPriceSq ftRatio
100 ERRICKSON AVE2025-10$428,8751,91141.5%
601 STRATFORD2026-04$785,0002,07641.3%
614 WINDSOR PL2025-09$610,0001,85849.1%
405 S WASHINGTON AVE2025-01$590,0002,06953.5%
15 CIRCLE DR2026-03$559,0001,82543.0%
3 OVERBROOK CIR2025-06$425,0001,89269.0%
347 W 3RD ST2025-05$850,0002,06034.7%
204 HIGHLAND AVE2025-08$644,0002,04747.0%
295 CRESCENT AVE2025-08$900,0002,05740.1%
325 FARMDALE RD2025-11$495,0002,18352.3%
121 COTTAGE AVE2025-05$420,0001,83656.8%
113 GRANT AVE2025-05$622,5001,95840.9%

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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 →