The Fair Share Report
42 Devon Rd
Mt Holly, NJ 08060
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 $338,350 – $395,000, from 12 comparable Mount Holly sales in the past 18 months.
Step 2 · The Director's Ratio
The state's official measure of how far Mount Holly assessments sit below market value — republished every October, applied town-wide. A $366,000 home should be assessed near $222,857.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $58,943 above what the ratio math suggests (26.4%).
Step 4 · The tax rate — same for every Mount Holly home
$1.984 Schools · 57% $0.536 County · 15% $0.970 Town · 28%
Step 5 · The bill
This home vs. every recent Mount Holly sale · assessed ÷ market
36%89%
Looks meaningfully over-assessed
Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (70.02%) — roughly $2,057/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 18 POPLAR ST | 2025-01 | $366,000 | 2,096 | 68.1% |
| 11 FRONT ST | 2025-06 | $395,000 | 1,723 | 60.1% |
| 200 FRONT ST | 2025-12 | $406,000 | 1,444 | 50.5% |
| 60 RIDGLEY ST | 2025-07 | $303,000 | 1,463 | 61.9% |
| 202 FRONT ST | 2025-05 | $380,000 | 1,314 | 47.9% |
| 16 LOIS LN | 2025-07 | $330,000 | 1,314 | 56.9% |
| 201 FRONT ST | 2025-11 | $375,000 | 1,314 | 41.3% |
| 8 CHENNAULT CT | 2026-03 | $355,000 | 1,410 | 64.7% |
| 38 TINKER DR | 2026-01 | $460,000 | 1,663 | 53.9% |
| 10 WINDING WAY | 2026-01 | $410,000 | 2,047 | 60.8% |
| 38 TINKER DR | 2025-10 | $270,000 | 1,663 | 91.8% |
| 237 FRONT ST | 2025-09 | $366,000 | 1,644 | 60.4% |
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