The Fair Share Report

129 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.

Step 1 · Market value

≈ $1,117,282

Likely range $966,699 – $1,298,927, 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 $1,117,282 home should be assessed near $686,458.

Step 3 · Assessed value

$516,400

Set at the last town-wide revaluation and mostly frozen since. That's $170,058 below what the ratio math suggests (24.8%).

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

$14,965/yr
Public schools$9,954
Burlington County$2,601
Town of Moorestown$2,410
Moorestown average$13,076

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

Town median 51.8%
This home · 46.2%

34%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)

AddressSoldPriceSq ftRatio
153 SARAZEN DR2025-03$1,065,0003,28757.9%
451 WINDROW CLUSTERS DR2025-06$974,0003,81264.7%
5 COLLINS MILL COURT2025-10$925,0003,48055.1%
7 COLLINS MILL COURT2025-08$745,0003,48075.3%
158 SARAZEN DR2025-12$1,065,0003,00348.5%
137 SARAZEN DR2026-01$925,0003,04147.9%
100 COUNTRY CLUB DR2025-04$1,275,0003,44051.5%
127 OAKMONT DRIVE2025-11$1,115,0003,42056.1%
119 SARAZEN DR2025-01$870,0003,01059.5%
248 COUNTRY CLUB DR2025-04$1,415,0003,50849.5%
151 OAKMONT DRIVE2025-03$1,250,0003,41950.6%
57 BROOKS ROAD2025-12$1,300,0003,43147.9%

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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 →