The Fair Share Report
29 E Fourth St
Burlington, NJ 08081
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 $199,665 – $259,164, from 12 comparable Burlington sales in the past 18 months, at this home's 934 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Burlington assessments sit below market value — republished every October, applied town-wide. A $253,739 home should be assessed near $160,312.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $30,512 below what the ratio math suggests (19.0%).
Step 4 · The tax rate — same for every Burlington home
$2.369 Schools · 53% $0.517 County · 12% $1.555 Town · 35%
Step 5 · The bill
This home vs. every recent Burlington sale · assessed ÷ market
35%82%
Paying about right
This home's ratio lands inside Burlington'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 |
|---|---|---|---|---|
| 306 GLENWOOD AVE | 2025-06 | $285,000 | 1,038 | 44.9% |
| 854 E ROUTE 130 N | 2025-03 | $210,000 | 773 | 36.7% |
| 413 HOLMES DR | 2025-12 | $285,000 | 986 | 39.1% |
| 828 WOOD ST | 2026-03 | $180,000 | 902 | 80.6% |
| 918 MOUNT RD | 2025-12 | $308,000 | 1,110 | 37.6% |
| 802 BORDENTOWN RD | 2025-03 | $255,000 | 1,176 | 51.2% |
| 244 FERNWOOD AVE | 2025-08 | $315,000 | 1,172 | 50.2% |
| 104 JUNIPER ST | 2026-01 | $239,000 | 1,118 | 50.3% |
| 1045 BORDENTOWN RD | 2025-03 | $260,000 | 1,315 | 55.4% |
| 929 MOUNT RD | 2026-05 | $322,500 | 1,127 | 39.4% |
| 820 MOUNT RD | 2026-02 | $325,000 | 1,186 | 43.0% |
| 932 MOUNT RD | 2026-01 | $335,000 | 1,200 | 43.7% |
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