The Fair Share Report
36 E Second St
Burlington, NJ 08016
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 $218,165 – $278,800, from 12 comparable Burlington sales in the past 18 months, at this home's 1,148 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Burlington assessments sit below market value — republished every October, applied town-wide. A $248,929 home should be assessed near $157,273.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $8,373 below what the ratio math suggests (5.3%).
Step 4 · The tax rate — same for every Burlington home
$2.369 Schools · 53% $0.517 County · 12% $1.555 Town · 35%
Step 5 · The bill
This home vs. every recent Burlington sale · assessed ÷ market
35%82%
Paying about right
This home's ratio lands inside Burlington'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 |
|---|---|---|---|---|
| 3 MITCHELL COURT | 2025-06 | $205,000 | 1,120 | 39.5% |
| 12 E FOURTH ST | 2025-07 | $245,000 | 1,400 | 40.8% |
| 1110 POPE ST | 2025-12 | $310,000 | 1,310 | 51.7% |
| 134 JUNIPER ST | 2025-11 | $335,000 | 1,280 | 47.2% |
| 11 E SEVENTH ST | 2025-02 | $290,000 | 1,526 | 64.5% |
| 244 FERNWOOD AVE | 2025-08 | $315,000 | 1,172 | 50.2% |
| 677 ELLA AVE | 2025-08 | $289,000 | 1,365 | 46.8% |
| 808 MOUNT RD | 2025-01 | $265,000 | 1,196 | 46.0% |
| 127 GREENWOOD AVE | 2025-04 | $340,000 | 1,400 | 50.9% |
| 929 MOUNT RD | 2026-05 | $322,500 | 1,127 | 39.4% |
| 511 CHELTON AVE | 2025-08 | $305,000 | 1,444 | 55.4% |
| 718 WOOD ST | 2025-06 | $325,000 | 1,680 | 59.8% |
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