The Fair Share Report

224 Main St

Westampton, NJ 08073

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

≈ $453,747

Likely range $412,599 – $500,782, from 12 comparable Westampton sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

63.33%

The state's official measure of how far Westampton assessments sit below market value — republished every October, applied town-wide. A $453,747 home should be assessed near $287,358.

Step 3 · Assessed value

$285,200

Set at the last town-wide revaluation and mostly frozen since. That's $2,158 below what the ratio math suggests (0.8%).

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

$3.079 per $100 assessed

$1.734 Schools · 56% $0.495 County · 16% $0.850 Town · 28%

Step 5 · The bill

$8,781/yr
Public schools$4,945
Burlington County$1,412
Town of Westampton$2,424
Westampton average$7,426

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

Town median 55.0%
This home · 62.9%

41%78%

Paying about right

This home's ratio lands inside Westampton'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
598 FORT DRIVE152024-12$400,5002,03056.6%
610 BLOOMFIELD DRIVE2025-07$460,0001,97151.1%
14 LANCASTER COURT2026-05$450,0002,12860.5%
603 BLOOMFIELD DRIVE2025-08$460,0002,18852.2%
1010 HOLLY LANE2025-07$435,0001,93848.4%
30 DOVER ROAD2025-12$485,0002,18351.0%
13 TARNSFIELD ROAD2025-12$380,0002,17876.3%
15 LANCASTER DRIVE2025-11$510,0002,04451.8%
809 WOODLANE ROAD2025-01$365,0001,53648.9%
5 LAUREL TREE DRIVE2026-04$662,5002,39252.7%
7 GLASCOW ROAD2025-06$455,0002,19556.8%
20 DEVONSHIRE DRIVE2025-07$360,0001,85267.7%

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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 →