The Fair Share Report

1908B Sutton Pl

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

≈ $367,015

Likely range $309,991 – $384,631, 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 $367,015 home should be assessed near $220,356.

Step 3 · Assessed value

$141,600

Set at the last town-wide revaluation and mostly frozen since. That's $78,756 below what the ratio math suggests (35.7%).

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

$4,759/yr
Public schools$3,207
Burlington County$753
Town of Mount Laurel$799
Mount Laurel average$7,506

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

Town median 48.4%
This home · 38.6%

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
4204B FENWICK LA2025-11$320,0001,38445.2%
5502B ADELAIDE DR2025-06$220,0001,36856.8%
10 KNIGHTON LA2025-12$385,0001,36550.1%
5 CLAVER HILL WAY2025-10$372,0001,36551.6%
28 CLAVER HILL WAY2025-03$375,0001,36551.1%
26 CLAVER HILL WAY2025-02$340,0001,36556.5%
4106B FENWICK LA2026-05$339,0001,33642.6%
12 HOLLOWELL WAY2025-07$390,0001,39848.8%
122 KETTLEBROOK DR2025-05$398,0001,39846.8%
319 MOONSEED PL2025-08$400,0001,39951.0%
1004B YARMOUTH LA2025-03$255,0001,39058.0%
5204B KIPPEN PL2025-05$310,0001,33649.3%

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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 →