The Fair Share Report

223 E Main St

Moorestown, NJ 08053

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

≈ $2,047,995

Likely range $1,705,205 – $2,333,746, from 12 comparable Moorestown sales in the past 18 months, at this home's 6,224 sq ft.

Step 2 · The Director's Ratio

61.44%

The state's official measure of how far Moorestown assessments sit below market value — republished every October, applied town-wide. A $2,047,995 home should be assessed near $1,258,288.

Step 3 · Assessed value

$1,143,700

Set at the last town-wide revaluation and mostly frozen since. That's $114,588 below what the ratio math suggests (9.1%).

Step 4 · The tax rate — same for every Moorestown home

$2.813 per $100 assessed

$1.871 Schools · 67% $0.489 County · 17% $0.453 Town · 16%

Step 5 · The bill

$33,144/yr
Public schools$22,045
Burlington County$5,762
Town of Moorestown$5,338
Moorestown average$13,076

This home vs. every recent Moorestown sale · assessed ÷ market

Town median 51.8%
This home · 55.8%

35%76%

Paying about right

This home's ratio lands inside Moorestown'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
215 E CENTRAL AVE2025-04$2,120,0006,13551.1%
500 CHESTER AVE2025-09$1,800,0006,57073.6%
840 GOLF VIEW RD2025-04$2,400,0006,52756.5%
700 LIPPINCOTT AVE2026-03$2,300,0006,13445.3%
10 LONGWOOD LANE2025-10$2,150,0006,53455.4%
512 STANWICK RD2025-06$1,750,0005,67059.6%
104 FELLSWOOD DR2025-11$1,950,0004,66750.6%
9 MILLER CT2026-03$4,890,0007,27735.9%
42 LANDING COURT2025-12$1,998,0506,23172.7%
761 COX ROAD2025-07$1,915,0005,10241.7%
730 RIVERTON RD2026-04$1,950,0006,98243.5%
526 KINGS HWY2025-05$1,100,0004,11754.5%

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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 →