The Fair Share Report

120 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

≈ $403,000

Likely range $305,000 – $465,000, 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 $403,000 home should be assessed near $245,387.

Step 3 · Assessed value

$185,700

Set at the last town-wide revaluation and mostly frozen since. That's $59,687 below what the ratio math suggests (24.3%).

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

$6,951/yr
Public schools$3,951
Burlington County$1,068
Town of Mount Holly$1,932
Mount Holly average$5,980

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

Town median 53.6%
This home · 46.1%

34%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
208 CHESTNUT ST2026-03$403,0002,13254.0%
5 PADDOCK WAY2025-09$541,0001,63651.5%
16 FOUNDRY BLVD2025-06$462,2002,23271.7%
27 PARC RIDGE DR2025-09$425,0001,72255.8%
1 PADDOCK WAY2025-09$472,3001,89156.1%
114 WOLLNER DR2025-05$465,0001,01356.6%
607 GARDEN ST2025-10$333,59593649.3%
336 WASHINGTON ST2025-05$238,4502,06279.1%
894 WOODLANE RD2025-05$408,0001,34949.0%
191 SOUTH AVE2025-12$315,0001,48465.9%
503 EMMA ST2025-09$406,0001,89758.8%
236 CHESTNUT ST2025-01$305,0001,29644.9%

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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 →