The Fair Share Report
37 E 3rd 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 $351,902 – $535,108, from 12 comparable Moorestown sales in the past 18 months, at this home's 1,747 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 $478,837 home should be assessed near $294,197.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $47,597 below what the ratio math suggests (16.2%).
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
35%76%
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 248 S CHURCH ST | 2025-05 | $240,000 | 1,702 | 67.6% |
| 447 S CHURCH ST | 2025-01 | $605,000 | 1,883 | 51.2% |
| 509 PLEASANT VALLEY AVE | 2026-01 | $210,000 | 1,832 | 86.0% |
| 15 CIRCLE DR | 2026-03 | $559,000 | 1,825 | 43.0% |
| 780 HARTFORD RD | 2025-06 | $400,000 | 1,584 | 49.2% |
| 112 BEACON ST | 2025-05 | $400,000 | 1,792 | 49.0% |
| 100 ERRICKSON AVE | 2025-10 | $428,875 | 1,911 | 41.5% |
| 8 E OAK AVE | 2025-11 | $450,000 | 2,234 | 78.5% |
| 256 CARRIAGE HILL DR | 2025-10 | $735,000 | 2,004 | 51.6% |
| 629 E MAIN ST | 2025-10 | $405,000 | 2,086 | 75.3% |
| 705 MANOR TERRACE | 2026-05 | $475,000 | 1,733 | 52.6% |
| 21 PALMER DR | 2025-10 | $550,000 | 1,996 | 60.3% |
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