The Fair Share Report

313 Carleton La

Mt Laurel, NJ 08060

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

≈ $344,733

Likely range $282,406 – $428,873, 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 $344,733 home should be assessed near $206,978.

Step 3 · Assessed value

$167,300

Set at the last town-wide revaluation and mostly frozen since. That's $39,678 below what the ratio math suggests (19.2%).

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

$5,623/yr
Public schools$3,789
Burlington County$890
Town of Mount Laurel$944
Mount Laurel average$7,506

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

Town median 48.4%
This home · 48.5%

34%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
608 ORCHARD CT2025-11$525,0001,33041.1%
14 MARIGOLD CT2025-08$440,0001,32043.8%
135 MEMORIAL LA2025-07$545,0001,46239.6%
312B MITTEN LA2025-07$305,0001,33642.6%
312B DELANCEY PL2025-06$280,0001,33646.0%
3807A CHADBURY RD2025-10$350,0001,39142.3%
2720B SUSSEX CT2025-12$285,0001,39847.2%
2504B SUSSEX CT2025-06$270,0001,39848.9%
9A EAST DAISY LA2025-08$300,0001,30043.8%
4204B FENWICK LA2025-11$320,0001,38445.2%
33 WEST BERWIN WAY2026-01$345,0001,32640.1%
22 WEST BERWIN WAY2025-06$401,0001,32634.7%

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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 →