The Fair Share Report
2004B 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 $363,473 – $427,354, 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 $386,512 home should be assessed near $232,062.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $81,262 below what the ratio math suggests (35.0%).
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
30%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 178 KETTLEBROOK DR | 2025-06 | $382,500 | 1,430 | 53.1% |
| 1202 AUGUSTA CIR | 2026-05 | $300,000 | 1,434 | 59.9% |
| 60 KETTLEBROOK DR | 2026-02 | $365,000 | 1,430 | 55.4% |
| 52 KETTLEBROOK DR | 2025-06 | $415,000 | 1,430 | 48.9% |
| 62 KETTLEBROOK DR | 2025-04 | $355,000 | 1,430 | 56.9% |
| 15 KNIGHTON LA | 2025-07 | $425,000 | 1,441 | 48.4% |
| 20 CLAVER HILL WAY | 2025-07 | $360,000 | 1,437 | 54.4% |
| 13 KNIGHTON LA | 2025-05 | $420,000 | 1,437 | 46.9% |
| 668 CASCADE DR SOUTH | 2026-01 | $437,500 | 1,483 | 48.1% |
| 669 CASCADE DR SOUTH | 2025-06 | $445,000 | 1,483 | 45.7% |
| 8 MINIVER CT | 2026-05 | $362,500 | 1,430 | 55.7% |
| 41 KETTLEBROOK DR | 2025-12 | $380,000 | 1,430 | 53.5% |
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