The Fair Share Report
3 Eagle Ave
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.
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Step 1 · Market value
Likely range $230,000 – $407,360, from 12 comparable Mount Holly sales in the past 18 months.
Step 2 · The Director's Ratio
The state's official measure of how far Mount Holly assessments sit below market value — republished every October, applied town-wide. A $338,350 home should be assessed near $206,021.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $71,421 below what the ratio math suggests (34.7%).
Step 4 · The tax rate — same for every Mount Holly home
$1.984 Schools · 57% $0.536 County · 15% $0.970 Town · 28%
Step 5 · The bill
This home vs. every recent Mount Holly sale · assessed ÷ market
28%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 426 MERRITT DR | 2026-04 | $436,000 | 1,370 | 43.6% |
| 105 PINE ST | 2025-08 | $338,350 | 1,187 | 51.1% |
| 141 RANCOCAS RD | 2025-03 | $115,000 | 1,069 | 44.1% |
| 236 CHESTNUT ST | 2025-01 | $305,000 | 1,296 | 44.9% |
| 18 POPLAR ST | 2025-01 | $366,000 | 2,096 | 68.1% |
| 148 KING ST | 2025-12 | $230,000 | 1,504 | 58.6% |
| 204 WOODPECKER LN | 2026-05 | $407,360 | 1,287 | 44.7% |
| 707 SMITH LN | 2026-03 | $210,000 | 1,332 | 80.5% |
| 216 BLUE JAY LN | 2026-03 | $335,000 | 1,685 | 44.9% |
| 619 HOLLY LN | 2026-02 | $280,000 | 1,421 | 63.0% |
| 225 RUTLAND AVE | 2026-02 | $425,000 | 1,892 | 50.4% |
| 726 SMITH LN | 2026-01 | $345,000 | 952 | 41.4% |
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