The Fair Share Report

320 E Oak 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

≈ $747,507

Likely range $619,938 – $899,406, 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 $747,507 home should be assessed near $459,268.

Step 3 · Assessed value

$593,500

Set at the last town-wide revaluation and mostly frozen since. That's $134,232 above what the ratio math suggests (29.2%).

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

$17,200/yr
Public schools$11,440
Burlington County$2,990
Town of Moorestown$2,770
Moorestown average$13,076

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

Town median 51.8%
This home · 79.4%

35%101%

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)

AddressSoldPriceSq ftRatio
529 BOWLING GR2025-09$770,0003,15359.6%
14 GREENVALE RD2024-12$750,0003,00852.2%
198 S LINCOLN AVE2025-11$695,0003,25550.9%
408 E 2ND ST2025-12$1,070,0002,57934.7%
44 WAGON BRIDGE RUN2026-05$625,0003,03858.7%
707 MANOR TERRACE2025-03$802,5003,25252.2%
801 CAMDEN AVE2025-11$805,0002,75749.5%
214 E CENTRAL AVE2025-12$795,0003,10862.2%
308 FARMDALE RD2025-06$524,4452,92766.4%
10 S COLONIAL RDG2026-04$485,0003,43860.5%
318 E CENTRAL AVE2025-10$999,9993,28052.1%
310 S WASHINGTON AVE2025-12$749,9002,71947.1%

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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 →