The Fair Share Report
17 Millstream Dr
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $627,911 – $682,147, 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
The state's official measure of how far Mount Laurel assessments sit below market value — republished every October, applied town-wide. A $635,089 home should be assessed near $381,307.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $54,607 below what the ratio math suggests (14.3%).
Step 4 · The tax rate — same for every Mount Laurel home
$2.107 Schools · 67% $0.495 County · 16% $0.525 Town · 17%
Step 5 · The bill
This home vs. every recent Mount Laurel sale · assessed ÷ market
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 20 FULTON DR | 2025-01 | $705,000 | 2,254 | 45.3% |
| 8 CONOVER CT | 2025-08 | $606,000 | 2,120 | 53.6% |
| 11 CONOVER CT | 2025-01 | $607,000 | 2,120 | 49.6% |
| 6 RANCOCAS BLVD | 2025-07 | $668,250 | 2,130 | 36.7% |
| 606 SARATOGA RD | 2025-08 | $715,000 | 2,332 | 49.3% |
| 20 JAZZ WAY | 2025-07 | $615,000 | 2,104 | 56.9% |
| 610 WOODTHRUSH CT | 2025-08 | $635,000 | 2,240 | 48.1% |
| 13 MARCY CT | 2025-12 | $610,000 | 2,032 | 48.8% |
| 24 WEST DAISY LA | 2025-08 | $505,000 | 2,141 | 47.6% |
| 175 PREAKNESS DR | 2025-10 | $625,000 | 1,933 | 47.0% |
| 57 BOLZ CT | 2025-08 | $749,000 | 2,500 | 51.8% |
| 149 INDIGO DR | 2026-04 | $547,500 | 2,235 | 46.6% |
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