The Fair Share Report

352 E 2nd 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.

Step 1 · Market value

≈ $523,481

Likely range $376,429 – $666,303, 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 $523,481 home should be assessed near $321,627.

Step 3 · Assessed value

$306,100

Set at the last town-wide revaluation and mostly frozen since. That's $15,527 below what the ratio math suggests (4.8%).

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

$8,871/yr
Public schools$5,900
Burlington County$1,542
Town of Moorestown$1,429
Moorestown average$13,076

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

Town median 51.8%
This home · 58.5%

35%87%

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)

AddressSoldPriceSq ftRatio
248 S CHURCH ST2025-05$240,0001,70267.6%
307 FAIRVIEW AVE2026-04$699,0001,93444.9%
705 MANOR TERRACE2026-05$475,0001,73352.6%
109 S COLONIAL AVE2025-08$725,0001,63145.5%
509 PLEASANT VALLEY AVE2026-01$210,0001,83286.0%
780 HARTFORD RD2025-06$400,0001,58449.2%
121 COTTAGE AVE2025-05$420,0001,83656.8%
15 CIRCLE DR2026-03$559,0001,82543.0%
113 GRANT AVE2025-05$622,5001,95840.9%
201 LOCUST ST2025-08$731,2011,89634.0%
629 E MAIN ST2025-10$405,0002,08675.3%
100 ERRICKSON AVE2025-10$428,8751,91141.5%

Is this your house?

Run your own report →

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 →