The Fair Share Report
24 Devon Rd
Mt Holly, NJ 08060
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 $303,000 – $415,000, from 12 comparable Mount Holly sales in the past 18 months.
Step 2 · The Director's Ratio
The state's official measure of how far Mount Holly assessments sit below market value — republished every October, applied town-wide. A $350,000 home should be assessed near $213,115.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $45,215 below what the ratio math suggests (21.2%).
Step 4 · The tax rate — same for every Mount Holly home
$1.984 Schools · 57% $0.536 County · 15% $0.970 Town · 28%
Step 5 · The bill
This home vs. every recent Mount Holly sale · assessed ÷ market
35%85%
Paying about right
This home's ratio lands inside Mount Holly'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 |
|---|---|---|---|---|
| 225 RUTLAND AVE | 2026-02 | $425,000 | 1,892 | 50.4% |
| 137 HULME ST | 2025-11 | $350,000 | 1,293 | 43.1% |
| 200 FRONT ST | 2025-12 | $406,000 | 1,444 | 50.5% |
| 60 RIDGLEY ST | 2025-07 | $303,000 | 1,463 | 61.9% |
| 202 FRONT ST | 2025-05 | $380,000 | 1,314 | 47.9% |
| 894 WOODLANE RD | 2025-05 | $408,000 | 1,349 | 49.0% |
| 16 LOIS LN | 2025-07 | $330,000 | 1,314 | 56.9% |
| 503 EMMA ST | 2025-09 | $406,000 | 1,897 | 58.8% |
| 167 SOUTH AVE | 2026-04 | $345,000 | 1,314 | 54.7% |
| 12 WINDING WAY | 2025-12 | $435,000 | 2,240 | 58.4% |
| 191 SOUTH AVE | 2025-12 | $315,000 | 1,484 | 65.9% |
| 2 MANOR TERR | 2025-08 | $250,000 | 1,619 | 78.6% |
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