The Fair Share Report

115 Main St

Westampton, NJ 08073

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

≈ $245,739

Likely range $240,467 – $280,143, from 12 comparable Westampton sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

63.33%

The state's official measure of how far Westampton assessments sit below market value — republished every October, applied town-wide. A $245,739 home should be assessed near $155,627.

Step 3 · Assessed value

$188,300

Set at the last town-wide revaluation and mostly frozen since. That's $32,673 above what the ratio math suggests (21.0%).

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

$3.079 per $100 assessed

$1.734 Schools · 56% $0.495 County · 16% $0.850 Town · 28%

Step 5 · The bill

$5,798/yr
Public schools$3,265
Burlington County$932
Town of Westampton$1,601
Westampton average$7,426

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

Town median 55.0%
This home · 76.6%

41%84%

A touch high — worth watching

This home's ratio sits above most of Westampton, but doesn't clear NJ's legal appeal line (72.83%).

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

AddressSoldPriceSq ftRatio
610 DOWNING COURT2025-09$200,0001,30843.8%
405 DOWNING COURT2025-09$235,9001,30837.1%
702 DOWNING COURT2025-07$223,0001,30838.5%
101 BRADFORD COURT2026-02$212,5001,25238.8%
609 DOWNING COURT2026-01$211,0001,25239.0%
406 DOWNING COURT2025-09$225,0001,25236.6%
812 CANTERBURY COURT2025-03$215,0001,25239.8%
606 DOWNING COURT2025-01$195,0001,25242.3%
809 WOODLANE ROAD2025-01$365,0001,53648.9%
72 FIELDCREST DRIVE2025-07$460,0001,78353.4%
745 HOLLY LANE2025-08$275,0001,42875.2%
126 OLIVE STREET2026-01$125,0001,190102.2%

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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 →