The Fair Share Report
2003A 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $281,421 – $297,993, from 12 comparable Mount Laurel sales in the past 18 months, at this home's 1,188 sq ft.
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 $287,262 home should be assessed near $172,472.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $33,272 below what the ratio math suggests (19.3%).
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 |
|---|---|---|---|---|
| 2603A YARMOUTH LA | 2026-03 | $340,000 | 1,188 | 40.9% |
| 205A PERTWOOD CT | 2025-10 | $326,750 | 1,188 | 42.6% |
| 4204B ADELAIDE DR | 2026-04 | $265,000 | 1,184 | 43.7% |
| 4904B DUNBARTON RD | 2026-04 | $289,500 | 1,182 | 41.8% |
| 1007A YARMOUTH LA | 2026-02 | $300,000 | 1,196 | 46.8% |
| 1302B GINGER DR | 2025-12 | $268,500 | 1,220 | 47.1% |
| 1308B GINGER DR | 2025-08 | $295,000 | 1,220 | 42.9% |
| 106B SEDGEFIELD DR | 2026-01 | $290,000 | 1,164 | 44.9% |
| 2702A SUSSEX CT | 2026-03 | $280,000 | 1,182 | 43.2% |
| 995B SCOTSWOOD CT | 2026-05 | $295,000 | 1,196 | 39.7% |
| 3603 FENWICK LA | 2026-01 | $290,000 | 1,218 | 43.5% |
| 3503 FENWICK LA | 2026-01 | $315,000 | 1,218 | 41.0% |
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