The Fair Share Report

30 Fox Run

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

≈ $698,615

Likely range $630,417 – $760,054, from 12 comparable Mount Laurel sales in the past 18 months, at this home's 3,026 sq ft.

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 $698,615 home should be assessed near $419,448.

Step 3 · Assessed value

$365,800

Set at the last town-wide revaluation and mostly frozen since. That's $53,648 below what the ratio math suggests (12.8%).

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

$12,295/yr
Public schools$8,284
Burlington County$1,946
Town of Mount Laurel$2,064
Mount Laurel average$7,506

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

Town median 48.4%
This home · 52.4%

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
26 WHITECHAPEL DR2025-04$605,0002,90360.7%
27 WHITECHAPEL DR2025-05$750,0002,89048.1%
9 MICHAELSON DR2025-11$584,0002,87960.6%
14 TELFORD LA2025-09$727,0002,90350.7%
9 SHEFFIELD LA2025-01$525,0002,69067.5%
102 UNION MILL TERR2026-01$695,0002,76747.3%
15 HORSESHOE DR2025-09$700,0003,03260.3%
27 HORSESHOE DR2025-07$685,0003,03263.6%
26 SHEFFIELD LA2025-08$585,0002,80855.4%
115 UNION MILL TERR2025-07$667,0002,76753.4%
5 E COACH LA2025-12$840,0002,89944.1%
5 E COACH LA2025-09$525,0002,89970.5%

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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 →