The Fair Share Report

114 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

≈ $255,000

Likely range $200,500 – $320,000, from 12 comparable Mount Holly sales in the past 18 months.

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 $255,000 home should be assessed near $155,270.

Step 3 · Assessed value

$139,400

Set at the last town-wide revaluation and mostly frozen since. That's $15,870 below what the ratio math suggests (10.2%).

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

$5,218/yr
Public schools$2,966
Burlington County$801
Town of Mount Holly$1,450
Mount Holly average$5,980

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

Town median 53.6%
This home · 54.7%

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
58 E MONROE ST2025-11$229,9001,16249.0%
67 MADISON AVE2025-04$200,5001,91264.8%
336 WASHINGTON ST2025-05$238,4502,06279.1%
39 RIDGE AVE2025-06$190,0001,73282.7%
38 BROAD ST2025-01$565,0002,82643.1%
85 MADISON AVE2026-03$290,1661,94153.3%
37 UNION ST2025-06$570,0002,77440.5%
51 WASHINGTON ST2025-06$320,0001,99851.6%
11 BISPHAM ST2025-10$200,0001,94092.0%
113 RISDON ST2025-10$260,0001,17647.0%
184 RANCOCAS RD2025-12$255,0001,34436.4%
240 PINE ST2025-12$300,0001,67254.4%

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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 →