The Fair Share Report

307 E Central Ave

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

≈ $1,514,824

Likely range $1,261,344 – $1,890,969, 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 $1,514,824 home should be assessed near $930,708.

Step 3 · Assessed value

$989,800

Set at the last town-wide revaluation and mostly frozen since. That's $59,092 above what the ratio math suggests (6.3%).

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

$28,684/yr
Public schools$19,079
Burlington County$4,986
Town of Moorestown$4,619
Moorestown average$13,076

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

Town median 51.8%
This home · 65.3%

35%84%

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
215 E CENTRAL AVE2025-04$2,120,0006,13551.1%
104 FELLSWOOD DR2025-11$1,950,0004,66750.6%
500 CHESTER AVE2025-09$1,800,0006,57073.6%
128 PHEASANT FIELDS LANE2025-07$1,825,0004,69054.9%
739 LIPPINCOTT AVE2025-11$1,725,0004,71946.4%
36 E OAK AVE2025-05$1,900,0004,98240.4%
761 COX ROAD2025-07$1,915,0005,10241.7%
526 KINGS HWY2025-05$1,100,0004,11754.5%
21 ROBIN RD2025-07$1,203,0004,52856.5%
693 GARWOOD RD2025-11$1,710,0004,54863.2%
704 BRANDYWINE DR2025-05$1,500,0005,07178.1%
437 WINDROW CLUSTERS DR2026-03$1,230,0004,39647.4%

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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 →