The Fair Share Report

32 Devon Rd

Mt Holly, 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

≈ $365,000

Likely range $280,000 – $410,000, from 12 comparable Mount Holly sales in the past 18 months.

Step 2 · The Director's Ratio

60.89%

The state's official measure of how far Mount Holly assessments sit below market value — republished every October, applied town-wide. A $365,000 home should be assessed near $222,249.

Step 3 · Assessed value

$233,800

Set at the last town-wide revaluation and mostly frozen since. That's $11,552 above what the ratio math suggests (5.2%).

Step 4 · The tax rate — same for every Mount Holly home

$3.490 per $100 assessed

$1.984 Schools · 57% $0.536 County · 15% $0.970 Town · 28%

Step 5 · The bill

$8,751/yr
Public schools$4,975
Burlington County$1,344
Town of Mount Holly$2,432
Mount Holly average$5,980

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

Town median 53.6%
This home · 64.1%

36%89%

Paying about right

This home's ratio lands inside Mount Holly'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
211 FRONT ST2025-11$256,8001,38079.9%
209 FRONT ST2025-11$293,0001,38069.6%
9 THORNTON PL2025-06$370,00096047.7%
345 BROAD ST2025-11$280,0002,03687.0%
502 GARDEN ST2025-01$330,0001,54057.1%
8 CHENNAULT CT2026-03$355,0001,41064.7%
38 TINKER DR2026-01$460,0001,66353.9%
10 WINDING WAY2026-01$410,0002,04760.8%
38 TINKER DR2025-10$270,0001,66391.8%
237 FRONT ST2025-09$366,0001,64460.4%
123 CLOVER ST2026-01$450,0002,12651.7%
315 MT HOLLY AVE2025-03$365,0001,69662.7%

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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 →