The Fair Share Report

3 Split Rock Pl

Moorestown, NJ 08057

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

≈ $1,015,947

Likely range $914,436 – $1,404,212, from 12 comparable Moorestown sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

61.44%

The state's official measure of how far Moorestown assessments sit below market value — republished every October, applied town-wide. A $1,015,947 home should be assessed near $624,198.

Step 3 · Assessed value

$685,300

Set at the last town-wide revaluation and mostly frozen since. That's $61,102 above what the ratio math suggests (9.8%).

Step 4 · The tax rate — same for every Moorestown home

$2.813 per $100 assessed

$1.871 Schools · 67% $0.489 County · 17% $0.453 Town · 16%

Step 5 · The bill

$19,860/yr
Public schools$13,209
Burlington County$3,452
Town of Moorestown$3,198
Moorestown average$13,076

This home vs. every recent Moorestown sale · assessed ÷ market

Town median 51.8%
This home · 67.5%

35%80%

Paying about right

This home's ratio lands inside Moorestown'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
744 SIGNAL LIGHT RD2026-05$1,150,0003,66757.8%
2 ORIOLE WAY2026-04$1,125,0004,06855.6%
401 W 3RD ST2026-05$885,0003,19051.3%
558 SENTINEL RD2025-01$915,0003,60159.7%
1025 RIVERTON RD2025-05$910,0003,49865.4%
3 FULLERTON ROAD2025-08$1,250,0003,40945.5%
201 LAURENCE DR2025-10$825,0003,20568.6%
10 S COLONIAL RDG2026-04$485,0003,43860.5%
404 E OAK AVE2025-06$1,270,0003,93254.1%
408 E OAK AVE2026-05$1,250,0003,32649.1%
562 BARTRAM RD2025-09$1,390,0003,45649.9%
71 BROOKS ROAD2025-06$1,381,0003,63148.5%

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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 →