The Fair Share Report

295 Sharp Rd

Mt Laurel, NJ 08054

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

≈ $705,189

Likely range $672,291 – $754,173, from 12 comparable Mount Laurel sales in the past 18 months, at this home's 2,300 sq ft.

Step 2 · The Director's Ratio

60.04%

The state's official measure of how far Mount Laurel assessments sit below market value — republished every October, applied town-wide. A $705,189 home should be assessed near $423,395.

Step 3 · Assessed value

$383,300

Set at the last town-wide revaluation and mostly frozen since. That's $40,095 below what the ratio math suggests (9.5%).

Step 4 · The tax rate — same for every Mount Laurel home

$3.128 per $100 assessed

$2.107 Schools · 67% $0.495 County · 16% $0.525 Town · 17%

Step 5 · The bill

$12,883/yr
Public schools$8,680
Burlington County$2,039
Town of Mount Laurel$2,163
Mount Laurel average$7,506

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

Town median 48.4%
This home · 54.4%

36%75%

Paying about right

This home's ratio lands inside Mount Laurel'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
4907 CHURCH RD2026-01$775,0002,27645.0%
542 HARTFORD RD2025-05$710,0002,41254.0%
163 MEMORIAL LA2025-11$825,0002,51644.6%
304 HIALEAH DR2026-01$765,0002,34449.3%
209 UNION MILL RD2025-09$730,0002,39452.5%
3 ABINGTON RD2026-01$950,0002,47648.0%
606 SARATOGA RD2025-08$715,0002,33249.3%
8 CONOVER CT2025-08$606,0002,12053.6%
11 CONOVER CT2025-01$607,0002,12049.6%
172 WAVERLY AVE2025-10$315,0002,92498.8%
6 BUOY DR2025-11$860,0002,34248.1%
57 BOLZ CT2025-08$749,0002,50051.8%

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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 →