The Fair Share Report

19 Rushwick Rd

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

≈ $668,170

Likely range $574,745 – $717,760, 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 $668,170 home should be assessed near $401,169.

Step 3 · Assessed value

$329,500

Set at the last town-wide revaluation and mostly frozen since. That's $71,669 below what the ratio math suggests (17.9%).

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

$11,075/yr
Public schools$7,462
Burlington County$1,753
Town of Mount Laurel$1,859
Mount Laurel average$7,506

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

Town median 48.4%
This home · 49.3%

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
24 LANCELOT LA2025-07$731,0002,40143.1%
150 SQUIRREL TREE LA2025-05$600,0002,32252.1%
517 PERRY DR2026-04$675,0002,38642.9%
12 VICTORIA CT2025-10$600,0002,43851.8%
520 PERRY DR2025-07$680,0002,36245.4%
200 LAUREL LA2026-03$643,0002,44450.6%
12 DEVONSHIRE RD2025-10$680,0002,27645.4%
20 STRATFORD LA2025-05$560,0002,53253.7%
206 MEADOW DR2026-03$561,0002,29644.1%
701 DECATUR DR2025-07$685,0002,44243.4%
1 WEMBLEY DR2025-08$675,0002,34745.5%
693 LINCOLN DR2025-08$680,0002,44242.5%

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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 →