The Fair Share Report

4 Fox Run

Mt Laurel, NJ 08054

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.

Step 1 · Market value

≈ $657,470

Likely range $601,497 – $728,117, 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

60.04%

The state's official measure of how far Mount Laurel assessments sit below market value — republished every October, applied town-wide. A $657,470 home should be assessed near $394,745.

Step 3 · Assessed value

$353,400

Set at the last town-wide revaluation and mostly frozen since. That's $41,345 below what the ratio math suggests (10.5%).

Step 4 · The tax rate — same for every Mount Laurel home

$3.128 per $100 assessed

$2.107 Schools · 67% $0.495 County · 16% $0.525 Town · 17%

Step 5 · The bill

$11,878/yr
Public schools$8,003
Burlington County$1,880
Town of Mount Laurel$1,994
Mount Laurel average$7,506

This home vs. every recent Mount Laurel sale · assessed ÷ market

Town median 48.4%
This home · 53.8%

36%75%

Paying about right

This home's ratio lands inside Mount Laurel's normal band. The drift hasn't singled it out — no case for a tax appeal.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
200 LAUREL LA2026-03$643,0002,44450.6%
32 MICHAELSON DR2026-01$650,0002,67052.5%
12 VICTORIA CT2025-10$600,0002,43851.8%
309 CANDLEWOOD LA2025-07$630,0002,57151.3%
610 WOODTHRUSH CT2025-08$635,0002,24048.1%
7 EDINBURGH LA2025-08$577,0262,47655.0%
300 KEATLEY DR2025-09$825,0002,38450.9%
693 LINCOLN DR2025-08$680,0002,44242.5%
205 AMBERFIELD DR2025-06$800,0002,63751.0%
741 AMSTERDAM RD2025-04$553,0002,44252.1%
517 PERRY DR2026-04$675,0002,38642.9%
57 BOLZ CT2025-08$749,0002,50051.8%

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Estimates from public records — NJ MOD-IV assessments, SR1A usable sales, and Treasury/DCA rate tables. Your house has a history. Write the next chapter on Plotline →