The Fair Share Report

411 Aster Pl

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.

Step 1 · Market value

≈ $324,740

Likely range $303,626 – $350,000, from 12 comparable Mount Laurel sales in the past 18 months, at this home's 1,247 sq ft.

Step 2 · The Director's Ratio

60.04%

The state's official measure of how far Mount Laurel assessments sit below market value — republished every October, applied town-wide. A $324,740 home should be assessed near $194,974.

Step 3 · Assessed value

$188,700

Set at the last town-wide revaluation and mostly frozen since. That's $6,274 below what the ratio math suggests (3.2%).

Step 4 · The tax rate — same for every Mount Laurel home

$3.128 per $100 assessed

$2.107 Schools · 67% $0.495 County · 16% $0.525 Town · 17%

Step 5 · The bill

$6,342/yr
Public schools$4,273
Burlington County$1,004
Town of Mount Laurel$1,065
Mount Laurel average$7,506

This home vs. every recent Mount Laurel sale · assessed ÷ market

Town median 48.4%
This home · 58.1%

36%75%

A touch high — worth watching

This home's ratio sits above most of Mount Laurel, but doesn't clear NJ's legal appeal line (69.05%).

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
901A SAXONY DR2026-04$325,0001,24850.9%
405 ASTER PL2025-04$385,0001,24748.8%
3607A SAXONY DR2026-05$301,0001,24854.9%
203A SAXONY DR2026-02$243,0001,24868.0%
404 ASTER PL2026-04$390,0001,24747.3%
212 DOGWOOD DR2025-12$350,0001,24753.8%
703A WHARTON RD2025-07$322,5001,22852.8%
3907 SAXONY DR2026-03$339,0001,26746.3%
503 OSWEGO CT2025-09$305,0001,26751.0%
3906 SAXONY DR2025-05$329,0001,26748.7%
626 CASCADE DR SOUTH2025-06$375,0001,24749.9%
901A OLIPHANT LA2026-04$320,0001,22852.0%

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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 →