The Fair Share Report
309 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $417,536 – $643,904, from 12 comparable Moorestown sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Moorestown assessments sit below market value — republished every October, applied town-wide. A $568,609 home should be assessed near $349,353.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $92,847 above what the ratio math suggests (26.6%).
Step 4 · The tax rate — same for every Moorestown home
$1.871 Schools · 67% $0.489 County · 17% $0.453 Town · 16%
This home's own bill implies $2.785 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Moorestown sale · assessed ÷ market
35%111%
A touch high — worth watching
This home's ratio sits above most of Moorestown, but doesn't clear NJ's legal appeal line (70.66%).
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 248 S CHURCH ST | 2025-05 | $240,000 | 1,702 | 67.6% |
| 629 E MAIN ST | 2025-10 | $405,000 | 2,086 | 75.3% |
| 447 S CHURCH ST | 2025-01 | $605,000 | 1,883 | 51.2% |
| 21 PALMER DR | 2025-10 | $550,000 | 1,996 | 60.3% |
| 509 PLEASANT VALLEY AVE | 2026-01 | $210,000 | 1,832 | 86.0% |
| 100 ERRICKSON AVE | 2025-10 | $428,875 | 1,911 | 41.5% |
| 15 HOGAN WAY | 2026-03 | $615,000 | 2,041 | 52.3% |
| 7 PALMER DR | 2025-05 | $608,000 | 2,041 | 51.9% |
| 18 PALMER DR | 2025-03 | $590,000 | 2,041 | 56.3% |
| 256 CARRIAGE HILL DR | 2025-10 | $735,000 | 2,004 | 51.6% |
| 601 STRATFORD | 2026-04 | $785,000 | 2,076 | 41.3% |
| 16 HOGAN WAY | 2026-02 | $610,000 | 2,116 | 54.4% |
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