The Fair Share Report

413 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

≈ $396,294

Likely range $365,271 – $437,500, from 12 comparable Mount Laurel sales in the past 18 months, at this home's 1,483 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 $396,294 home should be assessed near $237,935.

Step 3 · Assessed value

$204,700

Set at the last town-wide revaluation and mostly frozen since. That's $33,235 below what the ratio math suggests (14.0%).

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

$6,630/yr
Public schools$4,467
Burlington County$1,050
Town of Mount Laurel$1,113
Mount Laurel average$7,506

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

Town median 48.4%
This home · 51.7%

36%75%

Paying about right

This home's ratio lands inside Mount Laurel'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
116 PEPPERGRASS DR SO2025-06$469,9001,48345.3%
3308B SAXONY DR2025-10$300,0001,45458.5%
403 ASTER PL2025-01$377,0001,43054.8%
512 HYDRANGEA DR2025-06$526,0001,52140.8%
668 CASCADE DR SOUTH2026-01$437,5001,48348.1%
669 CASCADE DR SOUTH2025-06$445,0001,48345.7%
679 CASCADE DR SOUTH2026-02$425,0001,48348.9%
24 BITTERSWEET PL2025-03$415,0001,55345.6%
43 KETTLEBROOK DR2025-12$385,0001,43052.4%
2902 SWEETLEAF TERR2025-09$350,0001,42141.9%
41 KETTLEBROOK DR2025-12$380,0001,43053.5%
34 PEPPERGRASS DR NO2026-02$450,0001,55341.3%

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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 →