The Fair Share Report

14 E Berwin Way

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

≈ $358,917

Likely range $332,493 – $403,479, from 12 comparable Mount Laurel sales in the past 18 months, at this home's 1,326 sq ft.

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 $358,917 home should be assessed near $215,494.

Step 3 · Assessed value

$140,100

Set at the last town-wide revaluation and mostly frozen since. That's $75,394 below what the ratio math suggests (35.0%).

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

$4,709/yr
Public schools$3,173
Burlington County$745
Town of Mount Laurel$791
Mount Laurel average$7,506

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

Town median 48.4%
This home · 39.0%

29%75%

Keep quiet and enjoy it

This home's assessment ratio sits below the Mount Laurel pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
33 WEST BERWIN WAY2026-01$345,0001,32640.1%
11 EAST BERWIN WAY2025-12$368,5001,32637.6%
22 WEST BERWIN WAY2025-06$401,0001,32634.7%
10 GRETNA CT2025-12$390,0001,33144.0%
71 EDDYSTONE WAY2025-11$320,0001,33153.6%
56 EDDYSTONE WAY2025-11$405,0001,33142.3%
77 EDDYSTONE WAY2025-04$355,0001,33148.8%
3 WEST CORTLAND CT2025-02$432,0001,33139.7%
71 EDDYSTONE WAY2025-02$459,9001,33137.3%
312B MITTEN LA2025-07$305,0001,33642.6%
312B DELANCEY PL2025-06$280,0001,33646.0%
122B ARDEN CT2025-05$335,0001,33644.8%

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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 →