The Fair Share Report
123 E 3rd St
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $879,242 – $1,160,671, from 12 comparable Moorestown sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Moorestown assessments sit below market value — republished every October, applied town-wide. A $1,049,219 home should be assessed near $644,640.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $210,440 below what the ratio math suggests (32.6%).
Step 4 · The tax rate — same for every Moorestown home
$1.871 Schools · 67% $0.489 County · 17% $0.453 Town · 16%
Step 5 · The bill
This home vs. every recent Moorestown sale · assessed ÷ market
32%76%
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 158 SARAZEN DR | 2025-12 | $1,065,000 | 3,003 | 48.5% |
| 119 SARAZEN DR | 2025-01 | $870,000 | 3,010 | 59.5% |
| 137 SARAZEN DR | 2026-01 | $925,000 | 3,041 | 47.9% |
| 153 SARAZEN DR | 2025-03 | $1,065,000 | 3,287 | 57.9% |
| 39 BRAMLEY ROAD | 2026-02 | $1,125,000 | 2,932 | 49.9% |
| 625 TOURNAMENT DR | 2026-04 | $1,100,000 | 2,448 | 46.5% |
| 49 BROOKS ROAD | 2026-03 | $990,000 | 2,914 | 56.2% |
| 15 MURRAY ROAD | 2025-04 | $998,000 | 2,858 | 56.9% |
| 316 W 3RD ST | 2025-12 | $860,000 | 2,968 | 48.8% |
| 7 SYCAMORE LANE | 2025-07 | $1,126,000 | 3,197 | 53.2% |
| 206 E CAMDEN AVE | 2026-05 | $160,000 | 2,438 | 33.9% |
| 62 BROOKS ROAD | 2025-09 | $1,190,000 | 3,224 | 49.0% |
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