The Fair Share Report
231 E Central 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $643,727 – $842,303, from 12 comparable Moorestown sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Moorestown assessments sit below market value — republished every October, applied town-wide. A $716,821 home should be assessed near $440,415.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $86,985 above what the ratio math suggests (19.8%).
Step 4 · The tax rate — same for every Moorestown home
$1.871 Schools · 67% $0.489 County · 17% $0.453 Town · 16%
Step 5 · The bill
This home vs. every recent Moorestown sale · assessed ÷ market
35%87%
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 2 NIXON DRIVE | 2025-03 | $660,000 | 2,468 | 55.9% |
| 25 ORIOLE WAY | 2025-11 | $650,000 | 2,464 | 42.3% |
| 111 FELLOWSHIP RD | 2026-04 | $570,000 | 2,277 | 42.1% |
| 611 NEW ALBANY RD | 2026-04 | $799,000 | 2,516 | 47.8% |
| 801 CAMDEN AVE | 2025-11 | $805,000 | 2,757 | 49.5% |
| 244 GREGORY COURT | 2026-02 | $855,000 | 2,482 | 49.0% |
| 236 CARRIAGE HILL DR | 2026-04 | $1,265,000 | 2,646 | 51.1% |
| 236 CARRIAGE HILL DR | 2025-07 | $1,100,000 | 2,646 | 58.8% |
| 433 PAUL DRIVE | 2025-07 | $700,000 | 2,422 | 53.4% |
| 24 S SHIRLEY AVE | 2025-04 | $800,000 | 2,388 | 43.1% |
| 430 HIGHLAND DR | 2025-11 | $665,000 | 2,283 | 53.6% |
| 629 E MAIN ST | 2025-10 | $405,000 | 2,086 | 75.3% |
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