The Fair Share Report

2B E Daisy La

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

≈ $259,028

Likely range $250,974 – $271,054, from 12 comparable Mount Laurel sales in the past 18 months (home size estimated from assessor data — range widened).

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 $259,028 home should be assessed near $155,520.

Step 3 · Assessed value

$105,500

Set at the last town-wide revaluation and mostly frozen since. That's $50,020 below what the ratio math suggests (32.2%).

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

$3,546/yr
Public schools$2,389
Burlington County$561
Town of Mount Laurel$595
Mount Laurel average$7,506

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

Town median 48.4%
This home · 40.7%

33%75%

Keep quiet and enjoy it

This home's assessment ratio sits below the Mount Laurel pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
25 EAST BLUEBELL LA2025-08$283,0001,09239.6%
207B KELLY COVE2025-12$265,0001,10043.7%
6 WEST AZALEA LA2026-05$267,5001,18845.4%
16 WEST AZALEA LA2025-12$275,0001,18844.0%
2 WEST AZALEA LA2025-02$290,0001,18841.5%
20 WEST AZALEA LA2025-01$290,0001,18841.7%
306B MULBERRY COVE2025-03$255,0001,11045.6%
310A MITTEN LA2025-10$261,0001,08841.0%
130B BIRCHFIELD CT2026-03$215,5001,17153.2%
123A BIRCHFIELD CT2026-01$276,0001,17142.4%
112B WEST BLUEBELL LA2026-01$262,0001,17145.3%
99A WEST BLUEBELL LA2025-12$267,5001,17143.7%

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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 →