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.

Step 1 · Market value

≈ $350,000

Likely range $303,000 – $415,000, from 12 comparable Mount Holly sales in the past 18 months.

Step 2 · The Director's Ratio

60.89%

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

$167,900

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

$3.490 per $100 assessed

$1.984 Schools · 57% $0.536 County · 15% $0.970 Town · 28%

Step 5 · The bill

$6,285/yr
Public schools$3,573
Burlington County$965
Town of Mount Holly$1,747
Mount Holly average$5,980

This home vs. every recent Mount Holly sale · assessed ÷ market

Town median 53.6%
This home · 48.0%

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)

AddressSoldPriceSq ftRatio
225 RUTLAND AVE2026-02$425,0001,89250.4%
137 HULME ST2025-11$350,0001,29343.1%
200 FRONT ST2025-12$406,0001,44450.5%
60 RIDGLEY ST2025-07$303,0001,46361.9%
202 FRONT ST2025-05$380,0001,31447.9%
894 WOODLANE RD2025-05$408,0001,34949.0%
16 LOIS LN2025-07$330,0001,31456.9%
503 EMMA ST2025-09$406,0001,89758.8%
167 SOUTH AVE2026-04$345,0001,31454.7%
12 WINDING WAY2025-12$435,0002,24058.4%
191 SOUTH AVE2025-12$315,0001,48465.9%
2 MANOR TERR2025-08$250,0001,61978.6%

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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 →