The Fair Share Report

1908B Ginger 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.

Step 1 · Market value

≈ $240,934

Likely range $230,000 – $271,164, from 12 comparable Mount Laurel sales in the past 18 months, at this home's 932 sq ft.

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 $240,934 home should be assessed near $144,657.

Step 3 · Assessed value

$90,500

Set at the last town-wide revaluation and mostly frozen since. That's $54,157 below what the ratio math suggests (37.4%).

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

$3,042/yr
Public schools$2,050
Burlington County$481
Town of Mount Laurel$511
Mount Laurel average$7,506

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

Town median 48.4%
This home · 37.6%

28%75%

Keep quiet and enjoy it

This home's assessment ratio sits below the Mount Laurel pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
2103A FERNDALE CT2026-03$230,00093239.4%
402B VIOLET DR2025-07$230,00093239.4%
403A SAXONY DR2025-05$270,00092849.4%
1207A YARMOUTH LA2025-05$245,00092046.5%
4102B ADELAIDE DR2026-03$239,90092840.9%
4108B ADELAIDE DR2026-02$235,00092841.7%
2605A YARMOUTH LA2026-01$250,00092045.6%
2305A YARMOUTH LA2025-06$275,00092041.9%
2005A SUTTON PL2025-08$271,35092042.0%
3808B ADELAIDE DR2025-08$230,00093643.0%
5510B ABERDEEN DR2025-03$150,00094469.3%
5508A ABERDEEN DR2025-01$200,00094450.9%

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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 →