The Fair Share Report
412 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 $622,512 – $898,474, 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 $751,250 home should be assessed near $461,568.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $70,868 below what the ratio math suggests (15.4%).
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%76%
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 |
|---|---|---|---|---|
| 408 E 2ND ST | 2025-12 | $1,070,000 | 2,579 | 34.7% |
| 111 COLONIAL RDG | 2025-05 | $782,000 | 2,353 | 38.3% |
| 271 W MAIN ST | 2025-03 | $725,000 | 2,320 | 40.3% |
| 307 FAIRVIEW AVE | 2026-04 | $699,000 | 1,934 | 44.9% |
| 111 FLYNN AVE | 2025-10 | $591,500 | 2,216 | 49.9% |
| 134 PLUM ST | 2025-09 | $960,000 | 2,637 | 61.5% |
| 433 PAUL DRIVE | 2025-07 | $700,000 | 2,422 | 53.4% |
| 430 HIGHLAND DR | 2025-11 | $665,000 | 2,283 | 53.6% |
| 8 E OAK AVE | 2025-11 | $450,000 | 2,234 | 78.5% |
| 24 S SHIRLEY AVE | 2025-04 | $800,000 | 2,388 | 43.1% |
| 629 E MAIN ST | 2025-10 | $405,000 | 2,086 | 75.3% |
| 248 S CHURCH ST | 2025-05 | $240,000 | 1,702 | 67.6% |
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