The Fair Share Report

110 E Union St

Burlington, NJ 08046

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

≈ $146,350

Likely range $97,117 – $154,848, from 12 comparable Burlington sales in the past 18 months, at this home's 846 sq ft.

Step 2 · The Director's Ratio

63.18%

The state's official measure of how far Burlington assessments sit below market value — republished every October, applied town-wide. A $146,350 home should be assessed near $92,464.

Step 3 · Assessed value

$70,100

Set at the last town-wide revaluation and mostly frozen since. That's $22,364 below what the ratio math suggests (24.2%).

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

$4.440 per $100 assessed

$2.369 Schools · 53% $0.517 County · 12% $1.555 Town · 35%

Step 5 · The bill

$3,113/yr
Public schools$1,661
Burlington County$362
Town of Burlington$1,090
Burlington average$6,215

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

Town median 51.7%
This home · 47.9%

35%82%

Paying about right

This home's ratio lands inside Burlington'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
56 W PEARL ST2026-01$265,50090741.7%
78 W FOURTH ST2025-02$155,00089644.3%
406 YORK ST2025-02$180,00096042.1%
462 LOGAN ST2025-10$185,0001,03442.7%
522 BORDENTOWN RD2025-08$100,00077076.7%
610 BORDENTOWN RD2025-05$120,0001,05075.9%
1205 HIGH ST2025-02$220,0001,06451.2%
3 MITCHELL COURT2025-06$205,0001,12039.5%
39 W PEARL ST2025-11$105,0001,31064.7%
365 BARCLAY ST2025-10$150,0001,30464.5%
415 WOOD ST2025-08$100,0001,18082.4%
349 BARCLAY ST2025-07$220,0001,35945.8%

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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 →