The Fair Share Report
36 Devon Rd
Mt Holly, NJ 08060
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 $280,000 – $410,000, from 12 comparable Mount Holly sales in the past 18 months.
Step 2 · The Director's Ratio
The state's official measure of how far Mount Holly assessments sit below market value — republished every October, applied town-wide. A $365,000 home should be assessed near $222,249.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $78,052 above what the ratio math suggests (35.1%).
Step 4 · The tax rate — same for every Mount Holly home
$1.984 Schools · 57% $0.536 County · 15% $0.970 Town · 28%
Step 5 · The bill
This home vs. every recent Mount Holly sale · assessed ÷ market
36%113%
Looks meaningfully over-assessed
Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (70.02%) — roughly $2,724/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 211 FRONT ST | 2025-11 | $256,800 | 1,380 | 79.9% |
| 209 FRONT ST | 2025-11 | $293,000 | 1,380 | 69.6% |
| 9 THORNTON PL | 2025-06 | $370,000 | 960 | 47.7% |
| 345 BROAD ST | 2025-11 | $280,000 | 2,036 | 87.0% |
| 502 GARDEN ST | 2025-01 | $330,000 | 1,540 | 57.1% |
| 8 CHENNAULT CT | 2026-03 | $355,000 | 1,410 | 64.7% |
| 38 TINKER DR | 2026-01 | $460,000 | 1,663 | 53.9% |
| 10 WINDING WAY | 2026-01 | $410,000 | 2,047 | 60.8% |
| 38 TINKER DR | 2025-10 | $270,000 | 1,663 | 91.8% |
| 237 FRONT ST | 2025-09 | $366,000 | 1,644 | 60.4% |
| 123 CLOVER ST | 2026-01 | $450,000 | 2,126 | 51.7% |
| 315 MT HOLLY AVE | 2025-03 | $365,000 | 1,696 | 62.7% |
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