The Fair Share Report

415 E Oak 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

≈ $3,286,532

Likely range $2,696,111 – $3,999,399, 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 $3,286,532 home should be assessed near $2,019,245.

Step 3 · Assessed value

$1,975,000

Set at the last town-wide revaluation and mostly frozen since. That's $44,245 below what the ratio math suggests (2.2%).

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

$57,236/yr
Public schools$38,069
Burlington County$9,950
Town of Moorestown$9,217
Moorestown average$13,076

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

Town median 51.8%
This home · 60.1%

35%79%

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
343 BRIDGEBORO RD2025-03$3,200,0009,17855.0%
9 MILLER CT2026-03$4,890,0007,27735.9%
720 GOLF VIEW RD2025-03$1,950,0008,00222.2%
736 JAMIE DRIVE2025-05$1,630,0007,01479.6%
10 LONGWOOD LANE2025-10$2,150,0006,53455.4%
728 MILL ST2025-06$2,050,0007,27862.5%
730 RIVERTON RD2026-04$1,950,0006,98243.5%
42 LANDING COURT2025-12$1,998,0506,23172.7%
215 E CENTRAL AVE2025-04$2,120,0006,13551.1%
108 ASHLEY CT2025-04$2,930,7006,48139.4%
693 GARWOOD RD2025-11$1,710,0004,54863.2%
128 PHEASANT FIELDS LANE2025-07$1,825,0004,69054.9%

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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 →