The Fair Share Report
38 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 $285,100 – $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 $370,000 home should be assessed near $225,293.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $77,507 above what the ratio math suggests (34.4%).
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%112%
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 $2,705/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 28 RIDGLEY ST | 2026-03 | $285,100 | 1,314 | 68.7% |
| 200 FRONT ST | 2025-12 | $406,000 | 1,444 | 50.5% |
| 60 RIDGLEY ST | 2025-07 | $303,000 | 1,463 | 61.9% |
| 202 FRONT ST | 2025-05 | $380,000 | 1,314 | 47.9% |
| 345 BROAD ST | 2025-11 | $280,000 | 2,036 | 87.0% |
| 16 LOIS LN | 2025-07 | $330,000 | 1,314 | 56.9% |
| 201 FRONT ST | 2025-11 | $375,000 | 1,314 | 41.3% |
| 426 MERRITT DR | 2026-04 | $436,000 | 1,370 | 43.6% |
| 123 CLOVER ST | 2026-01 | $450,000 | 2,126 | 51.7% |
| 105 PINE ST | 2025-08 | $338,350 | 1,187 | 51.1% |
| 9 THORNTON PL | 2025-06 | $370,000 | 960 | 47.7% |
| 8 CHENNAULT CT | 2026-03 | $355,000 | 1,410 | 64.7% |
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