The Fair Share Report

30 E Oleander 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

≈ $317,048

Likely range $302,272 – $366,630, 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 $317,048 home should be assessed near $190,356.

Step 3 · Assessed value

$159,600

Set at the last town-wide revaluation and mostly frozen since. That's $30,756 below what the ratio math suggests (16.2%).

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

$5,364/yr
Public schools$3,614
Burlington County$849
Town of Mount Laurel$901
Mount Laurel average$7,506

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

Town median 48.4%
This home · 50.3%

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
312B MITTEN LA2025-07$305,0001,33642.6%
312B DELANCEY PL2025-06$280,0001,33646.0%
122B ARDEN CT2025-05$335,0001,33644.8%
417 JAMESTOWN CT2025-07$368,0001,33342.7%
418 JAMESTOWN CT2025-01$330,0001,33348.4%
384 INVERNESS CT2025-11$360,0001,33040.8%
404 JAMESTOWN CT2025-10$360,0001,33043.6%
14 MARIGOLD CT2025-08$440,0001,32043.8%
4108B WATERPERRY CT2026-03$310,0001,33648.5%
208B SEDGEFIELD DR2026-01$315,0001,33647.1%
302B HARWOOD CT2025-12$318,0001,33648.1%
3402B RAMSBURY CT2025-08$305,0001,33649.3%

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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 →