The Fair Share Report
338 E Main St
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $404,494 – $708,061, from 12 comparable Moorestown 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 Moorestown assessments sit below market value — republished every October, applied town-wide. A $469,192 home should be assessed near $288,272.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $37,328 above what the ratio math suggests (12.9%).
Step 4 · The tax rate — same for every Moorestown home
$1.871 Schools · 67% $0.489 County · 17% $0.453 Town · 16%
Step 5 · The bill
This home vs. every recent Moorestown sale · assessed ÷ market
35%86%
Paying about right
This home's ratio lands inside Moorestown'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 |
|---|---|---|---|---|
| 248 S CHURCH ST | 2025-05 | $240,000 | 1,702 | 67.6% |
| 780 HARTFORD RD | 2025-06 | $400,000 | 1,584 | 49.2% |
| 307 FAIRVIEW AVE | 2026-04 | $699,000 | 1,934 | 44.9% |
| 509 PLEASANT VALLEY AVE | 2026-01 | $210,000 | 1,832 | 86.0% |
| 629 E MAIN ST | 2025-10 | $405,000 | 2,086 | 75.3% |
| 201 LOCUST ST | 2025-08 | $731,201 | 1,896 | 34.0% |
| 429 OLDERSHAW AVE | 2025-06 | $680,000 | 1,885 | 53.1% |
| 102 LOIS LANE | 2025-02 | $600,000 | 1,922 | 57.2% |
| 113 GRANT AVE | 2025-05 | $622,500 | 1,958 | 40.9% |
| 112 BEACON ST | 2025-05 | $400,000 | 1,792 | 49.0% |
| 705 MANOR TERRACE | 2026-05 | $475,000 | 1,733 | 52.6% |
| 15 CIRCLE DR | 2026-03 | $559,000 | 1,825 | 43.0% |
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