The Fair Share Report
347 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 $704,392 – $958,908, from 12 comparable Moorestown sales in the past 18 months, at this home's 2,634 sq ft.
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 $803,048 home should be assessed near $493,393.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $160,893 below what the ratio math suggests (32.6%).
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
29%76%
Keep quiet and enjoy it
This home's assessment ratio sits below the Moorestown pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 408 E 2ND ST | 2025-12 | $1,070,000 | 2,579 | 34.7% |
| 611 NEW ALBANY RD | 2026-04 | $799,000 | 2,516 | 47.8% |
| 801 CAMDEN AVE | 2025-11 | $805,000 | 2,757 | 49.5% |
| 2 NIXON DRIVE | 2025-03 | $660,000 | 2,468 | 55.9% |
| 629 E MAIN ST | 2025-10 | $405,000 | 2,086 | 75.3% |
| 529 BOWLING GR | 2025-09 | $770,000 | 3,153 | 59.6% |
| 596 SENTINEL RD | 2025-05 | $999,999 | 2,712 | 54.9% |
| 268 NORTH RIDING DR | 2025-04 | $605,000 | 2,769 | 74.6% |
| 803 FERNWOOD RD | 2025-10 | $927,625 | 2,812 | 52.1% |
| 318 E CENTRAL AVE | 2025-10 | $999,999 | 3,280 | 52.1% |
| 134 PLUM ST | 2025-09 | $960,000 | 2,637 | 61.5% |
| 433 PAUL DRIVE | 2025-07 | $700,000 | 2,422 | 53.4% |
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