The Fair Share Report
4 E Fourth 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 $226,025 – $259,891, from 12 comparable Burlington 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 Burlington assessments sit below market value — republished every October, applied town-wide. A $245,700 home should be assessed near $155,233.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $57,433 below what the ratio math suggests (37.0%).
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
32%82%
Keep quiet and enjoy it
This home's assessment ratio sits below the Burlington pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 18 E FOURTH ST | 2026-03 | $235,000 | 1,400 | 39.7% |
| 30 E FOURTH ST | 2025-04 | $252,000 | 1,400 | 39.0% |
| 12 E FOURTH ST | 2025-07 | $245,000 | 1,400 | 40.8% |
| 230 W FEDERAL ST | 2025-06 | $236,175 | 1,280 | 40.4% |
| 3 MITCHELL COURT | 2025-06 | $205,000 | 1,120 | 39.5% |
| 718 WOOD ST | 2025-06 | $325,000 | 1,680 | 59.8% |
| 1110 POPE ST | 2025-12 | $310,000 | 1,310 | 51.7% |
| 783 LINCOLN AVE | 2025-11 | $210,000 | 1,432 | 53.2% |
| 534 COLUMBUS RD | 2025-11 | $130,000 | 1,260 | 71.2% |
| 228 TALBOT ST | 2025-02 | $240,000 | 1,264 | 50.3% |
| 407 WOOD ST | 2025-12 | $180,000 | 1,500 | 47.8% |
| 79 W FIFTH ST | 2025-07 | $225,000 | 1,192 | 40.1% |
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