The Fair Share Report

21 Rushwick Rd

Mt Laurel, NJ 08075

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

≈ $428,828

Likely range $404,501 – $535,183, 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

60.04%

The state's official measure of how far Mount Laurel assessments sit below market value — republished every October, applied town-wide. A $428,828 home should be assessed near $257,468.

Step 3 · Assessed value

$268,600

Set at the last town-wide revaluation and mostly frozen since. That's $11,132 above what the ratio math suggests (4.3%).

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

$9,028/yr
Public schools$6,083
Burlington County$1,429
Town of Mount Laurel$1,516
Mount Laurel average$7,506

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

Town median 48.4%
This home · 62.6%

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)

AddressSoldPriceSq ftRatio
34 E OLEANDER DR2025-04$390,0001,84549.2%
5 CHRISTOPHER MILLS DR2026-05$534,0001,82652.8%
56 STRATFORD LA2025-09$430,0001,81756.4%
43 SADDLE DR2025-11$475,0001,77651.2%
18 SOUTHGATE RD2025-01$440,0001,91350.3%
206 KNOTTY OAK DR2025-04$580,0001,97545.6%
192 KNOTTY OAK DR2026-02$630,0001,97536.7%
323 GWYNEDD CT2025-04$380,0001,72843.8%
415 ACORN RD2026-05$490,0001,73945.2%
1303 AUGUSTA CIR2025-08$342,0001,76457.1%
1404 AUGUSTA CIR2025-03$335,0001,76459.0%
6 W OLEANDER DR2025-09$515,0001,93644.1%

Is this your house?

Run your own report →

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 →