The Fair Share Report

330 Custer Ct

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.

Step 1 · Market value

≈ $630,418

Likely range $553,000 – $680,000, from 12 comparable Mount Laurel sales in the past 18 months, at this home's 2,442 sq ft.

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 $630,418 home should be assessed near $378,503.

Step 3 · Assessed value

$296,400

Set at the last town-wide revaluation and mostly frozen since. That's $82,103 below what the ratio math suggests (21.7%).

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

$9,962/yr
Public schools$6,712
Burlington County$1,577
Town of Mount Laurel$1,673
Mount Laurel average$7,506

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

Town median 48.4%
This home · 47.0%

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)

AddressSoldPriceSq ftRatio
693 LINCOLN DR2025-08$680,0002,44242.5%
731 LIBERTY RD2025-06$662,0002,44243.6%
722 CORNWALLIS DR2025-06$630,0002,44345.8%
741 AMSTERDAM RD2025-04$553,0002,44252.1%
200 LAUREL LA2026-03$643,0002,44450.6%
12 VICTORIA CT2025-10$600,0002,43851.8%
517 PERRY DR2026-04$675,0002,38642.9%
520 PERRY DR2025-07$680,0002,36245.4%
701 DECATUR DR2025-07$685,0002,44243.4%
840 LAFAYETTE DR2026-03$549,0002,44252.8%
195 CANTERBURY RD2025-08$540,0002,43444.8%
115 BERKSHIRE DR2025-03$650,0002,41238.1%

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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 →