The Fair Share Report
4 Witherod Ct
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $362,696 – $489,581, 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
The state's official measure of how far Mount Laurel assessments sit below market value — republished every October, applied town-wide. A $455,701 home should be assessed near $273,603.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $44,503 below what the ratio math suggests (16.3%).
Step 4 · The tax rate — same for every Mount Laurel home
$2.107 Schools · 67% $0.495 County · 16% $0.525 Town · 17%
Step 5 · The bill
This home vs. every recent Mount Laurel sale · assessed ÷ market
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 422 ELDERBERRY CT | 2025-12 | $460,000 | 1,819 | 50.2% |
| 418 ELDERBERRY CT | 2025-10 | $490,000 | 1,819 | 47.9% |
| 927 LARKSPUR PL SOUTH | 2025-08 | $500,000 | 1,819 | 45.5% |
| 1303 AUGUSTA CIR | 2025-08 | $342,000 | 1,764 | 57.1% |
| 1404 AUGUSTA CIR | 2025-03 | $335,000 | 1,764 | 59.0% |
| 5 CHRISTOPHER MILLS DR | 2026-05 | $534,000 | 1,826 | 52.8% |
| 2901 YARMOUTH LA | 2026-04 | $389,000 | 1,734 | 41.9% |
| 501 OLIPHANT LA | 2025-10 | $377,000 | 1,734 | 51.0% |
| 420 ELDERBERRY CT | 2026-03 | $469,000 | 1,819 | 50.2% |
| 13 HOLLOWELL WAY | 2025-08 | $462,999 | 1,796 | 46.6% |
| 601 WHARTON RD | 2025-10 | $360,000 | 1,734 | 52.4% |
| 43 SADDLE DR | 2025-11 | $475,000 | 1,776 | 51.2% |
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