The Fair Share Report
400A Willow Turn
Mt Laurel, NJ 08831
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 $248,359 – $259,158, from 12 comparable Mount Laurel sales in the past 18 months, at this home's 935 sq ft.
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 $250,000 home should be assessed near $150,100.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $38,500 below what the ratio math suggests (25.6%).
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 |
|---|---|---|---|---|
| 416A WILLOW TURN | 2026-05 | $250,000 | 935 | 44.6% |
| 432A WILLOW TURN | 2025-10 | $250,000 | 935 | 44.6% |
| 422A WILLOW TURN | 2025-04 | $250,000 | 935 | 44.6% |
| 318A DELANCEY PL | 2025-02 | $233,000 | 928 | 43.5% |
| 1558B THORNWOOD DR | 2025-05 | $250,000 | 936 | 39.5% |
| 330B DELANCEY PL | 2025-09 | $255,000 | 960 | 41.5% |
| 324B DELANCEY PL | 2025-02 | $252,000 | 960 | 42.0% |
| 307B DELANCEY PL | 2025-01 | $255,000 | 960 | 41.0% |
| 155A BRADFORD CT | 2026-05 | $262,000 | 920 | 45.1% |
| 161A BRADFORD CT | 2026-01 | $259,900 | 920 | 45.4% |
| 161A BRADFORD CT | 2025-10 | $187,000 | 920 | 63.2% |
| 207A DERRY HILL CT | 2025-08 | $255,000 | 920 | 46.3% |
Is this your house?
Run your own report →