The Fair Share Report

224 E Maple Ave

Moorestown, NJ 08057

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

≈ $762,523

Likely range $659,770 – $857,257, from 12 comparable Moorestown sales in the past 18 months, at this home's 3,090 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 $762,523 home should be assessed near $468,494.

Step 3 · Assessed value

$566,100

Set at the last town-wide revaluation and mostly frozen since. That's $97,606 above what the ratio math suggests (20.8%).

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

$16,406/yr
Public schools$10,912
Burlington County$2,852
Town of Moorestown$2,642
Moorestown average$13,076

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

Town median 51.8%
This home · 74.2%

35%91%

A touch high — worth watching

This home's ratio sits above most of Moorestown, but doesn't clear NJ's legal appeal line (70.66%).

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
308 FARMDALE RD2025-06$524,4452,92766.4%
44 WAGON BRIDGE RUN2026-05$625,0003,03858.7%
14 GREENVALE RD2024-12$750,0003,00852.2%
201 LAURENCE DR2025-10$825,0003,20568.6%
10 S COLONIAL RDG2026-04$485,0003,43860.5%
705 MAPLE LEAF LANE2025-08$1,250,0002,76546.0%
707 MANOR TERRACE2025-03$802,5003,25252.2%
198 S LINCOLN AVE2025-11$695,0003,25550.9%
268 NORTH RIDING DR2025-04$605,0002,76974.6%
801 CAMDEN AVE2025-11$805,0002,75749.5%
17 CARDINAL DR2026-04$695,0002,98943.9%
401 W 3RD ST2026-05$885,0003,19051.3%

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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 →