The Fair Share Report
14 E 3rd St Unit E
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 $414,967 – $556,930, from 12 comparable Moorestown sales in the past 18 months, at this home's 1,814 sq ft.
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 $524,380 home should be assessed near $322,179.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $207,821 above what the ratio math suggests (64.5%).
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
35%133%
Looks meaningfully over-assessed
Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (70.66%) — roughly $5,846/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 523 E 2ND ST | 2025-03 | $649,900 | 1,953 | 57.1% |
| 21 PALMER DR | 2025-10 | $550,000 | 1,996 | 60.3% |
| 7 PALMER DR | 2025-05 | $608,000 | 2,041 | 51.9% |
| 18 PALMER DR | 2025-03 | $590,000 | 2,041 | 56.3% |
| 112 BEACON ST | 2025-05 | $400,000 | 1,792 | 49.0% |
| 15 HOGAN WAY | 2026-03 | $615,000 | 2,041 | 52.3% |
| 16 HOGAN WAY | 2026-02 | $610,000 | 2,116 | 54.4% |
| 201 WINSTEAD AVE | 2025-08 | $750,000 | 2,200 | 52.5% |
| 620 N LINCOLN AVE | 2026-03 | $437,900 | 2,024 | 37.5% |
| 102 LOIS LANE | 2025-02 | $600,000 | 1,922 | 57.2% |
| 300 W WALNUT AVE | 2025-03 | $560,000 | 1,824 | 45.2% |
| 15 CIRCLE DR | 2026-03 | $559,000 | 1,825 | 43.0% |
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