The Fair Share Report

2 Juniper Dr

Mt Laurel, NJ 08057

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

≈ $639,274

Likely range $567,946 – $679,892, from 12 comparable Mount Laurel sales in the past 18 months, at this home's 2,508 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 $639,274 home should be assessed near $383,820.

Step 3 · Assessed value

$261,000

Set at the last town-wide revaluation and mostly frozen since. That's $122,820 below what the ratio math suggests (32.0%).

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

$8,772/yr
Public schools$5,911
Burlington County$1,389
Town of Mount Laurel$1,473
Mount Laurel average$7,506

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

Town median 48.4%
This home · 40.8%

33%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
20 STRATFORD LA2025-05$560,0002,53253.7%
309 CANDLEWOOD LA2025-07$630,0002,57151.3%
200 LAUREL LA2026-03$643,0002,44450.6%
24 LANCELOT LA2025-07$731,0002,40143.1%
12 VICTORIA CT2025-10$600,0002,43851.8%
602 TALLOWOOD LA2025-06$625,0002,55549.5%
4 MEADOWRUE DR2025-08$575,0002,64249.0%
508 PERRY DR2025-05$625,0002,45246.9%
693 LINCOLN DR2025-08$680,0002,44242.5%
743 CORNWALLIS DR2025-06$554,0002,45251.4%
722 CORNWALLIS DR2025-06$630,0002,44345.8%
731 LIBERTY RD2025-06$662,0002,44243.6%

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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 →