The Fair Share Report
15 E Maple Ave
Moorestown, NJ 08057
The town adjusts for market price changes once a year — but only based on the average price change of all homes in the area. This report checks whether this house's assessment kept pace.
A touch high — but not appeal-worthy
Above most of Moorestown, but below NJ's legal appeal line (70.66%), where a case becomes winnable.
Step 1 · Market value
Likely range $679,492 – $985,807, 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 $819,315 home should be assessed near $503,387.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $119,713 above what the ratio math suggests (23.8%).
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%97%
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 529 BOWLING GR | 2025-09 | $770,000 | 3,153 | 59.6% |
| 198 S LINCOLN AVE | 2025-11 | $695,000 | 3,255 | 50.9% |
| 707 MANOR TERRACE | 2025-03 | $802,500 | 3,252 | 52.2% |
| 10 S COLONIAL RDG | 2026-04 | $485,000 | 3,438 | 60.5% |
| 14 GREENVALE RD | 2024-12 | $750,000 | 3,008 | 52.2% |
| 318 E CENTRAL AVE | 2025-10 | $999,999 | 3,280 | 52.1% |
| 44 WAGON BRIDGE RUN | 2026-05 | $625,000 | 3,038 | 58.7% |
| 408 E OAK AVE | 2026-05 | $1,250,000 | 3,326 | 49.1% |
| 801 CAMDEN AVE | 2025-11 | $805,000 | 2,757 | 49.5% |
| 201 LAURENCE DR | 2025-10 | $825,000 | 3,205 | 68.6% |
| 308 FARMDALE RD | 2025-06 | $524,445 | 2,927 | 66.4% |
| 214 E CENTRAL AVE | 2025-12 | $795,000 | 3,108 | 62.2% |
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