The Fair Share Report
22 E Oleander Dr
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 $330,000 – $388,792, from 12 comparable Mount Laurel sales in the past 18 months, at this home's 1,680 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 $379,732 home should be assessed near $227,991.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $54,291 below what the ratio math suggests (23.8%).
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 |
|---|---|---|---|---|
| 74 POPPY CT | 2025-12 | $397,500 | 1,680 | 45.4% |
| 71 E PEACHTREE CT | 2025-01 | $355,000 | 1,680 | 50.4% |
| 23 E OLEANDER DR | 2025-07 | $230,000 | 1,680 | 75.4% |
| 7 E OLEANDER DR | 2025-06 | $290,000 | 1,680 | 62.0% |
| 125 SHARROW LA | 2026-05 | $380,000 | 1,672 | 47.6% |
| 111 STRATTON LA | 2026-02 | $415,000 | 1,690 | 45.7% |
| 103 CALDERWOOD LA | 2025-04 | $390,000 | 1,672 | 46.3% |
| 61 E OLEANDER DR | 2025-04 | $330,000 | 1,680 | 52.6% |
| 116 MAYFAIR LA | 2025-03 | $311,000 | 1,705 | 54.6% |
| 118 BANWELL LA | 2025-02 | $365,000 | 1,714 | 51.4% |
| 323 GWYNEDD CT | 2025-04 | $380,000 | 1,728 | 43.8% |
| 3906B CHADBURY RD | 2025-07 | $372,273 | 1,647 | 45.4% |
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