The Fair Share Report

30 Millstream 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

≈ $774,447

Likely range $638,217 – $815,302, 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 $774,447 home should be assessed near $464,978.

Step 3 · Assessed value

$392,300

Set at the last town-wide revaluation and mostly frozen since. That's $72,678 below what the ratio math suggests (15.6%).

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

$12,935/yr
Public schools$8,716
Burlington County$2,048
Town of Mount Laurel$2,172
Mount Laurel average$7,506

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

Town median 48.4%
This home · 50.7%

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
32 DAYLILY DR2025-08$820,0002,73949.5%
6 ABINGTON RD2026-03$925,0002,72851.1%
21 HORSESHOE DR2025-09$610,0002,77664.8%
45 PERIWINKLE DR2025-06$645,0002,80061.3%
13 WARRINGTON CT2025-07$722,0002,53348.6%
115 UNION MILL TERR2025-07$667,0002,76753.4%
602 TALLOWOOD LA2025-06$625,0002,55549.5%
63 BROADACRE DR2025-09$805,0002,86259.4%
57 BOLZ CT2025-08$749,0002,50051.8%
112 PREAKNESS DR2025-12$836,5002,88152.4%
28 AUTUMNWOOD LA2025-07$840,0002,82053.5%
9 JAZZ WAY2026-04$780,0002,90258.5%

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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 →