The Fair Share Report
401 E Main St
Moorestown, NJ 08057
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 $321,076 – $598,962, from 12 comparable Moorestown 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 Moorestown assessments sit below market value — republished every October, applied town-wide. A $470,575 home should be assessed near $289,121.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $42,021 below what the ratio math suggests (14.5%).
Step 4 · The tax rate — same for every Moorestown home
$1.871 Schools · 67% $0.489 County · 17% $0.453 Town · 16%
Step 5 · The bill
This home vs. every recent Moorestown sale · assessed ÷ market
35%82%
Paying about right
This home's ratio lands inside Moorestown'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 |
|---|---|---|---|---|
| 248 S CHURCH ST | 2025-05 | $240,000 | 1,702 | 67.6% |
| 455 N CHURCH ST | 2025-04 | $450,000 | 1,531 | 47.3% |
| 109 S COLONIAL AVE | 2025-08 | $725,000 | 1,631 | 45.5% |
| 780 HARTFORD RD | 2025-06 | $400,000 | 1,584 | 49.2% |
| 307 FAIRVIEW AVE | 2026-04 | $699,000 | 1,934 | 44.9% |
| 126 S LENOLA RD | 2026-05 | $425,000 | 1,376 | 37.1% |
| 214 PEMBROOK AVE | 2025-08 | $753,000 | 1,536 | 43.2% |
| 308 KENWOOD DR | 2025-11 | $425,000 | 1,552 | 63.1% |
| 308 KENWOOD DR | 2025-09 | $389,000 | 1,552 | 69.0% |
| 325 E 2ND ST | 2025-03 | $385,000 | 1,788 | 51.8% |
| 201 LOCUST ST | 2025-08 | $731,201 | 1,896 | 34.0% |
| 526 E MAIN ST | 2026-05 | $500,000 | 1,512 | 44.2% |
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