The Fair Share Report
32 Fox Run
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $578,749 – $709,262, 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
The state's official measure of how far Mount Laurel assessments sit below market value — republished every October, applied town-wide. A $650,115 home should be assessed near $390,329.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $39,229 below what the ratio math suggests (10.1%).
Step 4 · The tax rate — same for every Mount Laurel home
$2.107 Schools · 67% $0.495 County · 16% $0.525 Town · 17%
Step 5 · The bill
This home vs. every recent Mount Laurel sale · assessed ÷ market
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 7 EDINBURGH LA | 2025-08 | $577,026 | 2,476 | 55.0% |
| 31 TEDDINGTON WAY | 2025-08 | $665,000 | 2,583 | 53.8% |
| 6 TEDDINGTON WAY | 2026-04 | $745,000 | 2,452 | 46.3% |
| 20 STRATFORD LA | 2025-05 | $560,000 | 2,532 | 53.7% |
| 24 LANCELOT LA | 2025-07 | $731,000 | 2,401 | 43.1% |
| 9 SHEFFIELD LA | 2025-01 | $525,000 | 2,690 | 67.5% |
| 200 LAUREL LA | 2026-03 | $643,000 | 2,444 | 50.6% |
| 12 VICTORIA CT | 2025-10 | $600,000 | 2,438 | 51.8% |
| 150 SQUIRREL TREE LA | 2025-05 | $600,000 | 2,322 | 52.1% |
| 508 PERRY DR | 2025-05 | $625,000 | 2,452 | 46.9% |
| 701 DECATUR DR | 2025-07 | $685,000 | 2,442 | 43.4% |
| 4 MEADOWRUE DR | 2025-08 | $575,000 | 2,642 | 49.0% |
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