The Fair Share Report

13 Fox Run

Mt Laurel, NJ 08054

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

≈ $653,524

Likely range $610,441 – $818,734, from 12 comparable Mount Laurel sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

60.04%

The state's official measure of how far Mount Laurel assessments sit below market value — republished every October, applied town-wide. A $653,524 home should be assessed near $392,376.

Step 3 · Assessed value

$361,600

Set at the last town-wide revaluation and mostly frozen since. That's $30,776 below what the ratio math suggests (7.8%).

Step 4 · The tax rate — same for every Mount Laurel home

$3.128 per $100 assessed

$2.107 Schools · 67% $0.495 County · 16% $0.525 Town · 17%

Step 5 · The bill

$12,153/yr
Public schools$8,189
Burlington County$1,924
Town of Mount Laurel$2,040
Mount Laurel average$7,506

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

Town median 48.4%
This home · 55.3%

36%75%

Paying about right

This home's ratio lands inside Mount Laurel'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
21 HORSESHOE DR2025-09$610,0002,77664.8%
6 ABINGTON RD2026-03$925,0002,72851.1%
45 PERIWINKLE DR2025-06$645,0002,80061.3%
32 DAYLILY DR2025-08$820,0002,73949.5%
32 MICHAELSON DR2026-01$650,0002,67052.5%
309 CANDLEWOOD LA2025-07$630,0002,57151.3%
115 UNION MILL TERR2025-07$667,0002,76753.4%
602 TALLOWOOD LA2025-06$625,0002,55549.5%
15 HORSESHOE DR2025-09$700,0003,03260.3%
27 HORSESHOE DR2025-07$685,0003,03263.6%
13 WARRINGTON CT2025-07$722,0002,53348.6%
63 BROADACRE DR2025-09$805,0002,86259.4%

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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 →