The Fair Share Report

3 Adner Dr

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

≈ $369,581

Likely range $345,852 – $385,787, 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 $369,581 home should be assessed near $221,896.

Step 3 · Assessed value

$186,400

Set at the last town-wide revaluation and mostly frozen since. That's $35,496 below what the ratio math suggests (16.0%).

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

$6,265/yr
Public schools$4,221
Burlington County$992
Town of Mount Laurel$1,052
Mount Laurel average$7,506

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

Town median 48.4%
This home · 50.4%

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
35 FALMOUTH DR2025-03$375,0001,54749.0%
378 INVERNESS CT2025-05$360,0001,50341.6%
313 FOUNTAINHALL CT2025-11$317,0001,48848.6%
329 GWYNEDD CT2025-10$317,0001,48848.6%
125 CAMBER LA2025-02$360,0001,48845.7%
158 CAMBER LA2025-05$393,0001,58046.7%
101 CAMBER LA2026-02$350,0001,48845.9%
1807 AUGUSTA CIR2025-05$295,0001,59464.1%
668 CASCADE DR SOUTH2026-01$437,5001,48348.1%
669 CASCADE DR SOUTH2025-06$445,0001,48345.7%
3604B CHADBURY RD2026-04$377,4001,63344.5%
75 EDDYSTONE WAY2025-07$415,0001,44342.7%

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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 →