The Fair Share Report

116 E Maple 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

≈ $884,943

Likely range $726,127 – $1,071,044, from 12 comparable Moorestown sales in the past 18 months (home size estimated from assessor data — range widened).

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 $884,943 home should be assessed near $543,709.

Step 3 · Assessed value

$584,000

Set at the last town-wide revaluation and mostly frozen since. That's $40,291 above what the ratio math suggests (7.4%).

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

$16,924/yr
Public schools$11,257
Burlington County$2,942
Town of Moorestown$2,725
Moorestown average$13,076

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

Town median 51.8%
This home · 66.0%

35%86%

Paying about right

This home's ratio lands inside Moorestown'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
214 E CENTRAL AVE2025-12$795,0003,10862.2%
17 CARDINAL DR2026-04$695,0002,98943.9%
318 E CENTRAL AVE2025-10$999,9993,28052.1%
308 FARMDALE RD2025-06$524,4452,92766.4%
540 WESTFIELD RD2025-05$830,0002,82953.8%
49 BROOKS ROAD2026-03$990,0002,91456.2%
104 MT LAUREL RD2026-03$875,0002,90460.0%
412 WINDROW CLUSTERS DR2025-06$760,0002,88059.6%
158 SARAZEN DR2025-12$1,065,0003,00348.5%
310 PLEASANT VALLEY AVE2025-09$700,0003,06052.1%
119 SARAZEN DR2025-01$870,0003,01059.5%
137 SARAZEN DR2026-01$925,0003,04147.9%

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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 →