The Fair Share Report

403 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.

Step 1 · Market value

≈ $464,141

Likely range $352,578 – $614,305, from 12 comparable Moorestown sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

61.44%

The state's official measure of how far Moorestown assessments sit below market value — republished every October, applied town-wide. A $464,141 home should be assessed near $285,168.

Step 3 · Assessed value

$309,100

Set at the last town-wide revaluation and mostly frozen since. That's $23,932 above what the ratio math suggests (8.4%).

Step 4 · The tax rate — same for every Moorestown home

$2.813 per $100 assessed

$1.871 Schools · 67% $0.489 County · 17% $0.453 Town · 16%

Step 5 · The bill

$8,958/yr
Public schools$5,958
Burlington County$1,557
Town of Moorestown$1,443
Moorestown average$13,076

This home vs. every recent Moorestown sale · assessed ÷ market

Town median 51.8%
This home · 66.6%

35%93%

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)

AddressSoldPriceSq ftRatio
248 S CHURCH ST2025-05$240,0001,70267.6%
509 PLEASANT VALLEY AVE2026-01$210,0001,83286.0%
780 HARTFORD RD2025-06$400,0001,58449.2%
112 BEACON ST2025-05$400,0001,79249.0%
15 CIRCLE DR2026-03$559,0001,82543.0%
429 OLDERSHAW AVE2025-06$680,0001,88553.1%
629 E MAIN ST2025-10$405,0002,08675.3%
8 E OAK AVE2025-11$450,0002,23478.5%
307 FAIRVIEW AVE2026-04$699,0001,93444.9%
102 LOIS LANE2025-02$600,0001,92257.2%
256 CARRIAGE HILL DR2025-10$735,0002,00451.6%
100 ERRICKSON AVE2025-10$428,8751,91141.5%

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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 →