The Fair Share Report
2005A 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 $232,974 – $261,000, from 12 comparable Mount Laurel sales in the past 18 months, at this home's 920 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 $250,000 home should be assessed near $150,100.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $36,100 below what the ratio math suggests (24.1%).
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 |
|---|---|---|---|---|
| 2605A YARMOUTH LA | 2026-01 | $250,000 | 920 | 45.6% |
| 2305A YARMOUTH LA | 2025-06 | $275,000 | 920 | 41.9% |
| 4102B ADELAIDE DR | 2026-03 | $239,900 | 928 | 40.9% |
| 4108B ADELAIDE DR | 2026-02 | $235,000 | 928 | 41.7% |
| 3305A RAMSBURY CT | 2026-02 | $256,000 | 920 | 47.0% |
| 1207A YARMOUTH LA | 2025-05 | $245,000 | 920 | 46.5% |
| 2307A DENHAM CT | 2025-02 | $280,000 | 920 | 42.6% |
| 2103A FERNDALE CT | 2026-03 | $230,000 | 932 | 39.4% |
| 402B VIOLET DR | 2025-07 | $230,000 | 932 | 39.4% |
| 505A RALSTON DR | 2026-04 | $250,000 | 920 | 45.2% |
| 805A RALSTON DR | 2025-12 | $240,000 | 920 | 47.1% |
| 501A RALSTON DR | 2025-11 | $270,000 | 920 | 41.9% |
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