The Fair Share Report

446 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.

Step 1 · Market value

≈ $578,239

Likely range $402,928 – $713,702, 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 $578,239 home should be assessed near $355,270.

Step 3 · Assessed value

$348,200

Set at the last town-wide revaluation and mostly frozen since. That's $7,070 below what the ratio math suggests (2.0%).

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

$10,091/yr
Public schools$6,712
Burlington County$1,754
Town of Moorestown$1,625
Moorestown average$13,076

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

Town median 51.8%
This home · 60.2%

35%92%

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
447 S CHURCH ST2025-01$605,0001,88351.2%
509 PLEASANT VALLEY AVE2026-01$210,0001,83286.0%
100 ERRICKSON AVE2025-10$428,8751,91141.5%
256 CARRIAGE HILL DR2025-10$735,0002,00451.6%
629 E MAIN ST2025-10$405,0002,08675.3%
21 PALMER DR2025-10$550,0001,99660.3%
15 CIRCLE DR2026-03$559,0001,82543.0%
102 LOIS LANE2025-02$600,0001,92257.2%
15 HOGAN WAY2026-03$615,0002,04152.3%
7 PALMER DR2025-05$608,0002,04151.9%
18 PALMER DR2025-03$590,0002,04156.3%
429 OLDERSHAW AVE2025-06$680,0001,88553.1%

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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 →