The Fair Share Report

405 E Central Ave

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

≈ $1,315,770

Likely range $858,167 – $1,416,070, 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 $1,315,770 home should be assessed near $808,409.

Step 3 · Assessed value

$638,700

Set at the last town-wide revaluation and mostly frozen since. That's $169,709 below what the ratio math suggests (21.0%).

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

$18,510/yr
Public schools$12,311
Burlington County$3,218
Town of Moorestown$2,981
Moorestown average$13,076

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

Town median 51.8%
This home · 48.5%

35%80%

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
110 MUIRFIELD CT2025-09$1,385,0003,46349.2%
61 BROOKS ROAD2025-07$1,450,0003,52148.2%
57 BROOKS ROAD2025-12$1,300,0003,43147.9%
95-99 GRANT AVE2026-02$805,0003,40853.3%
562 BARTRAM RD2025-09$1,390,0003,45649.9%
151 OAKMONT DRIVE2025-03$1,250,0003,41950.6%
1025 RIVERTON RD2025-05$910,0003,49865.4%
248 COUNTRY CLUB DR2025-04$1,415,0003,50849.5%
71 BROOKS ROAD2025-06$1,381,0003,63148.5%
127 OAKMONT DRIVE2025-11$1,115,0003,42056.1%
100 COUNTRY CLUB DR2025-04$1,275,0003,44051.5%
125 COUNTRY CLUB DR2025-04$1,449,0003,73948.9%

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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 →