The Fair Share Report
36 E Oleander Dr
Mt Laurel, NJ 08054
The town adjusts for market price changes once a year — but only based on the average price change of all homes in the area. This report checks whether this house's assessment kept pace.
This home's payments are about right
It sits inside Mount Laurel's normal range — market price changes haven't singled it out. No case for a tax appeal.
Step 1 · Market value
Likely range $351,547 – $441,177, from 12 comparable Mount Laurel 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 Mount Laurel assessments sit below market value — republished every October, applied town-wide. A $363,849 home should be assessed near $218,455.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $37,955 below what the ratio math suggests (17.4%).
Step 4 · The tax rate — same for every Mount Laurel home
$2.107 Schools · 67% $0.495 County · 16% $0.525 Town · 17%
Step 5 · The bill
This home vs. every recent Mount Laurel sale · assessed ÷ market
35%75%
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 313 FOUNTAINHALL CT | 2025-11 | $317,000 | 1,488 | 48.6% |
| 329 GWYNEDD CT | 2025-10 | $317,000 | 1,488 | 48.6% |
| 125 CAMBER LA | 2025-02 | $360,000 | 1,488 | 45.7% |
| 378 INVERNESS CT | 2025-05 | $360,000 | 1,503 | 41.6% |
| 101 CAMBER LA | 2026-02 | $350,000 | 1,488 | 45.9% |
| 82 FARNWOOD RD | 2025-09 | $300,000 | 1,452 | 58.7% |
| 159 CALDERWOOD LA | 2025-11 | $403,500 | 1,535 | 43.2% |
| 135 MEMORIAL LA | 2025-07 | $545,000 | 1,462 | 39.6% |
| 3 EWING CT | 2025-02 | $400,000 | 1,459 | 44.8% |
| 131 BANWELL LA | 2025-04 | $375,000 | 1,432 | 43.2% |
| 75 EDDYSTONE WAY | 2025-07 | $415,000 | 1,443 | 42.7% |
| 35 FALMOUTH DR | 2025-03 | $375,000 | 1,547 | 49.0% |
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