The Fair Share Report

17 Ewing Ct

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

≈ $331,033

Likely range $279,950 – $386,890, 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 $331,033 home should be assessed near $198,752.

Step 3 · Assessed value

$172,700

Set at the last town-wide revaluation and mostly frozen since. That's $26,052 below what the ratio math suggests (13.1%).

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

$5,554/yr
Public schools$3,743
Burlington County$879
Town of Mount Laurel$933
Mount Laurel average$7,506

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

Town median 48.4%
This home · 52.2%

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
2720B SUSSEX CT2025-12$285,0001,39847.2%
2504B SUSSEX CT2025-06$270,0001,39848.9%
3807A CHADBURY RD2025-10$350,0001,39142.3%
4204B FENWICK LA2025-11$320,0001,38445.2%
5502B ADELAIDE DR2025-06$220,0001,36856.8%
1202 AUGUSTA CIR2026-05$300,0001,43459.9%
417 JAMESTOWN CT2025-07$368,0001,33342.7%
418 JAMESTOWN CT2025-01$330,0001,33348.4%
6 PANORAMA CT2026-04$430,0001,35640.2%
6 PANORAMA CT2025-09$325,0001,35653.2%
384 INVERNESS CT2025-11$360,0001,33040.8%
404 JAMESTOWN CT2025-10$360,0001,33043.6%

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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 →