The Fair Share Report

28 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

≈ $425,690

Likely range $386,257 – $446,789, from 12 comparable Mount Holly sales in the past 18 months, at this home's 1,989 sq ft.

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 $425,690 home should be assessed near $259,203.

Step 3 · Assessed value

$246,800

Set at the last town-wide revaluation and mostly frozen since. That's $12,403 below what the ratio math suggests (4.8%).

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

$9,238/yr
Public schools$5,251
Burlington County$1,419
Town of Mount Holly$2,568
Mount Holly average$5,980

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

Town median 53.6%
This home · 58.0%

36%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
85 GIBSON AVE2025-03$459,9001,95449.8%
10 WINDING WAY2026-01$410,0002,04760.8%
6 KELLY CT2025-06$416,0001,89252.0%
345 BROAD ST2025-11$280,0002,03687.0%
123 CLOVER ST2026-01$450,0002,12651.7%
48 SUNSET DR2025-06$470,0002,20056.2%
503 EMMA ST2025-09$406,0001,89758.8%
225 RUTLAND AVE2026-02$425,0001,89250.4%
12 WINDING WAY2025-12$435,0002,24058.4%
315 MT HOLLY AVE2025-03$365,0001,69662.7%
18 POPLAR ST2025-01$366,0002,09668.1%
159 HICKORY ST2025-07$405,0001,72957.7%

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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 →