The Fair Share Report

154 E Main 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

≈ $951,828

Likely range $775,775 – $1,073,228, 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 $951,828 home should be assessed near $584,803.

Step 3 · Assessed value

$587,300

Set at the last town-wide revaluation and mostly frozen since. That's $2,497 above what the ratio math suggests (0.4%).

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

$17,020/yr
Public schools$11,320
Burlington County$2,959
Town of Moorestown$2,741
Moorestown average$13,076

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

Town median 51.8%
This home · 61.7%

35%81%

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
318 E CENTRAL AVE2025-10$999,9993,28052.1%
214 E CENTRAL AVE2025-12$795,0003,10862.2%
17 CARDINAL DR2026-04$695,0002,98943.9%
310 PLEASANT VALLEY AVE2025-09$700,0003,06052.1%
97 BROOKS ROAD2025-11$1,350,0003,19447.8%
130 AUGUSTA DR2025-08$1,079,0003,19652.6%
201 LAURENCE DR2025-10$825,0003,20568.6%
137 SARAZEN DR2026-01$925,0003,04147.9%
62 BROOKS ROAD2025-09$1,190,0003,22449.0%
119 SARAZEN DR2025-01$870,0003,01059.5%
611 NEW ALBANY RD2026-04$799,0002,51647.8%
158 SARAZEN DR2025-12$1,065,0003,00348.5%

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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 →