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.
This home's full record →Check another house →
Step 1 · Market value
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
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
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
$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
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 2720B SUSSEX CT | 2025-12 | $285,000 | 1,398 | 47.2% |
| 2504B SUSSEX CT | 2025-06 | $270,000 | 1,398 | 48.9% |
| 3807A CHADBURY RD | 2025-10 | $350,000 | 1,391 | 42.3% |
| 39 GRANITE AVE | 2025-05 | $415,000 | 1,399 | 46.0% |
| 16 ADNER DR | 2025-08 | $446,250 | 1,411 | 39.4% |
| 6 KNIGHTON LA | 2025-04 | $375,000 | 1,423 | 52.2% |
| 4204B FENWICK LA | 2025-11 | $320,000 | 1,384 | 45.2% |
| 5502B ADELAIDE DR | 2025-06 | $220,000 | 1,368 | 56.8% |
| 12 TACONIA CT | 2026-05 | $363,000 | 1,356 | 47.7% |
| 3 AVANDALE CT | 2026-04 | $370,000 | 1,356 | 46.2% |
| 6 PANORAMA CT | 2026-04 | $430,000 | 1,356 | 40.2% |
| 6 PANORAMA CT | 2025-09 | $325,000 | 1,356 | 53.2% |
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