The Fair Share Report
27 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 $210,000 – $395,000, 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 $305,000 home should be assessed near $185,715.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $164,086 above what the ratio math suggests (88.4%).
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
36%172%
Looks meaningfully over-assessed
Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (70.02%) — roughly $5,727/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 105 PINE ST | 2025-08 | $338,350 | 1,187 | 51.1% |
| 141 RANCOCAS RD | 2025-03 | $115,000 | 1,069 | 44.1% |
| 236 CHESTNUT ST | 2025-01 | $305,000 | 1,296 | 44.9% |
| 148 KING ST | 2025-12 | $230,000 | 1,504 | 58.6% |
| 426 MERRITT DR | 2026-04 | $436,000 | 1,370 | 43.6% |
| 142 CHERRY ST | 2026-05 | $170,000 | 1,508 | 70.9% |
| 45 BROAD ST | 2026-02 | $450,000 | 2,056 | 47.4% |
| 117-121 CALEY AVE | 2025-05 | $357,000 | 1,444 | 46.9% |
| 127 SOUTH AVE | 2025-01 | $215,000 | 816 | 59.4% |
| 18 POPLAR ST | 2025-01 | $366,000 | 2,096 | 68.1% |
| 11 FRONT ST | 2025-06 | $395,000 | 1,723 | 60.1% |
| 227 CHESTNUT ST | 2025-04 | $222,500 | 1,080 | 39.8% |
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