The Fair Share Report
2 Rushwick Rd
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 $437,984 – $577,707, 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 $548,046 home should be assessed near $329,047.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $43,847 below what the ratio math suggests (13.3%).
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
36%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 |
|---|---|---|---|---|
| 18 SOUTHGATE RD | 2025-01 | $440,000 | 1,913 | 50.3% |
| 204 KNOTTY OAK DR | 2025-04 | $535,000 | 1,987 | 49.3% |
| 6 W OLEANDER DR | 2025-09 | $515,000 | 1,936 | 44.1% |
| 27 GARDENIA DR | 2026-02 | $395,000 | 1,946 | 58.0% |
| 27 GARDENIA DR | 2026-01 | $297,000 | 1,946 | 77.2% |
| 34 E OLEANDER DR | 2025-04 | $390,000 | 1,845 | 49.2% |
| 5 CHRISTOPHER MILLS DR | 2026-05 | $534,000 | 1,826 | 52.8% |
| 8 CONOVER CT | 2025-08 | $606,000 | 2,120 | 53.6% |
| 11 CONOVER CT | 2025-01 | $607,000 | 2,120 | 49.6% |
| 206 KNOTTY OAK DR | 2025-04 | $580,000 | 1,975 | 45.6% |
| 750 CORNWALLIS DR | 2025-08 | $550,000 | 1,970 | 47.4% |
| 192 KNOTTY OAK DR | 2026-02 | $630,000 | 1,975 | 36.7% |
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