The Fair Share Report

1908B Denham 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

≈ $364,198

Likely range $318,293 – $415,817, 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 $364,198 home should be assessed near $218,664.

Step 3 · Assessed value

$150,300

Set at the last town-wide revaluation and mostly frozen since. That's $68,364 below what the ratio math suggests (31.3%).

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

$5,052/yr
Public schools$3,404
Burlington County$800
Town of Mount Laurel$848
Mount Laurel average$7,506

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

Town median 48.4%
This home · 41.3%

31%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%
39 GRANITE AVE2025-05$415,0001,39946.0%
16 ADNER DR2025-08$446,2501,41139.4%
6 KNIGHTON LA2025-04$375,0001,42352.2%
4204B FENWICK LA2025-11$320,0001,38445.2%
5502B ADELAIDE DR2025-06$220,0001,36856.8%
12 TACONIA CT2026-05$363,0001,35647.7%
3 AVANDALE CT2026-04$370,0001,35646.2%
6 PANORAMA CT2026-04$430,0001,35640.2%
6 PANORAMA CT2025-09$325,0001,35653.2%

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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 →