The Fair Share Report

113 Risdon St

Mt Holly, NJ 08060

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

≈ $226,985

Likely range $205,059 – $242,278, from 12 comparable Mount Holly sales in the past 18 months, at this home's 1,176 sq ft.

Step 2 · The Director's Ratio

60.89%

The state's official measure of how far Mount Holly assessments sit below market value — republished every October, applied town-wide. A $226,985 home should be assessed near $138,211.

Step 3 · Assessed value

$122,200

Set at the last town-wide revaluation and mostly frozen since. That's $16,011 below what the ratio math suggests (11.6%).

Step 4 · The tax rate — same for every Mount Holly home

$3.490 per $100 assessed

$1.984 Schools · 57% $0.536 County · 15% $0.970 Town · 28%

Step 5 · The bill

$4,574/yr
Public schools$2,600
Burlington County$702
Town of Mount Holly$1,271
Mount Holly average$5,980

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

Town median 53.6%
This home · 53.8%

36%85%

Paying about right

This home's ratio lands inside Mount Holly'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
348 BROAD ST2026-02$280,0001,12842.3%
222 CHESTNUT ST2025-03$165,0001,11364.4%
137 RISDON ST2025-10$210,0001,08852.4%
316 WASHINGTON ST2025-12$256,0001,28840.9%
58 E MONROE ST2025-11$229,9001,16249.0%
314 WASHINGTON ST2025-03$249,0001,42844.6%
57 E MONROE ST2025-05$226,5001,16944.7%
25 BUDD ST2025-08$115,0001,34894.3%
51 WHITE ST2025-10$230,0001,19852.4%
227 CHESTNUT ST2025-04$222,5001,08039.8%
11 MADISON AVE2025-11$106,0001,49097.5%
112 RANCOCAS RD2026-01$270,0001,21833.8%

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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 →