The Fair Share Report

30 E Third St

Burlington, NJ 08016

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

≈ $278,290

Likely range $205,800 – $322,260, from 12 comparable Burlington sales in the past 18 months, at this home's 1,176 sq ft.

Step 2 · The Director's Ratio

63.18%

The state's official measure of how far Burlington assessments sit below market value — republished every October, applied town-wide. A $278,290 home should be assessed near $175,824.

Step 3 · Assessed value

$150,500

Set at the last town-wide revaluation and mostly frozen since. That's $25,324 below what the ratio math suggests (14.4%).

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

$4.440 per $100 assessed

$2.369 Schools · 53% $0.517 County · 12% $1.555 Town · 35%

Step 5 · The bill

$6,684/yr
Public schools$3,565
Burlington County$778
Town of Burlington$2,340
Burlington average$6,215

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

Town median 51.7%
This home · 54.1%

35%82%

Paying about right

This home's ratio lands inside Burlington'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
3 MITCHELL COURT2025-06$205,0001,12039.5%
1110 POPE ST2025-12$310,0001,31051.7%
36 E SECOND ST2025-05$315,0001,14847.3%
12 E FOURTH ST2025-07$245,0001,40040.8%
831 SHADELAND AVE2025-07$299,0001,18845.4%
932 MOUNT RD2026-01$335,0001,20043.7%
901 SHADELAND AVE2026-03$180,0001,28885.0%
918 MOUNT RD2025-12$308,0001,11037.6%
406 EARL ST2026-02$100,00096091.3%
920 MOORLAND AVE2025-09$299,0001,24847.8%
820 MOUNT RD2026-02$325,0001,18643.0%
802 BORDENTOWN RD2025-03$255,0001,17651.2%

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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 →