The Fair Share Report
255 Springhouse
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 $673,797 – $958,717, 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 $834,230 home should be assessed near $512,551.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $17,649 above what the ratio math suggests (3.4%).
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%84%
Paying about right
This home's ratio lands inside Moorestown'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 |
|---|---|---|---|---|
| 17 CARDINAL DR | 2026-04 | $695,000 | 2,989 | 43.9% |
| 44 WAGON BRIDGE RUN | 2026-05 | $625,000 | 3,038 | 58.7% |
| 343 TOM BROWN RD | 2025-12 | $850,000 | 3,049 | 61.5% |
| 222 EASTBOURNE TERR | 2025-10 | $850,000 | 2,931 | 51.7% |
| 308 FARMDALE RD | 2025-06 | $524,445 | 2,927 | 66.4% |
| 14 GREENVALE RD | 2024-12 | $750,000 | 3,008 | 52.2% |
| 234 EASTBOURNE TERR | 2025-08 | $875,000 | 2,802 | 47.4% |
| 35 ORIOLE WAY | 2026-05 | $995,000 | 2,732 | 42.9% |
| 705 MAPLE LEAF LANE | 2025-08 | $1,250,000 | 2,765 | 46.0% |
| 201 LAURENCE DR | 2025-10 | $825,000 | 3,205 | 68.6% |
| 741 PADDOCK PATH | 2025-08 | $1,200,000 | 2,688 | 52.0% |
| 401 W 3RD ST | 2026-05 | $885,000 | 3,190 | 51.3% |
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