The Fair Share Report

22 Devon Rd

Mt Holly, NJ 08060

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

≈ $308,368

Likely range $222,167 – $330,737, from 12 comparable Mount Holly sales in the past 18 months, at this home's 1,116 sq ft.

Step 2 · The Director's Ratio

60.89%

The state's official measure of how far Mount Holly assessments sit below market value — republished every October, applied town-wide. A $308,368 home should be assessed near $187,765.

Step 3 · Assessed value

$172,200

Set at the last town-wide revaluation and mostly frozen since. That's $15,565 below what the ratio math suggests (8.3%).

Step 4 · The tax rate — same for every Mount Holly home

$3.490 per $100 assessed

$1.984 Schools · 57% $0.536 County · 15% $0.970 Town · 28%

Step 5 · The bill

$6,445/yr
Public schools$3,664
Burlington County$990
Town of Mount Holly$1,791
Mount Holly average$5,980

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

Town median 53.6%
This home · 55.8%

36%85%

Paying about right

This home's ratio lands inside Mount Holly'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
26 RIDGE AVE2025-02$325,0001,11847.9%
109 ARNOLD AVE2026-01$350,0001,18145.6%
109 ARNOLD AVE2025-09$188,0001,18184.9%
40 TINKER DR2025-03$315,0001,14060.5%
122 BROWN ST2026-04$215,0001,08036.9%
277 HOLEMAN ST2025-04$204,0001,23673.2%
18 BONG TERR2025-11$255,0001,14080.4%
18 BONG TERR2025-09$198,0001,140103.6%
154 ASHURST LN2025-10$390,0001,28149.6%
202 CANARY LN2025-01$310,0001,23252.8%
105 DAWN DR2025-09$370,0001,23351.8%
61 RIDGLEY ST2026-03$385,0001,31450.4%

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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 →