The Fair Share Report
47 E Oleander Dr
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $330,168 – $411,763, from 12 comparable Mount Laurel 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 Mount Laurel assessments sit below market value — republished every October, applied town-wide. A $371,557 home should be assessed near $223,083.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $62,383 below what the ratio math suggests (28.0%).
Step 4 · The tax rate — same for every Mount Laurel home
$2.107 Schools · 67% $0.495 County · 16% $0.525 Town · 17%
Step 5 · The bill
This home vs. every recent Mount Laurel sale · assessed ÷ market
34%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 312B MITTEN LA | 2025-07 | $305,000 | 1,336 | 42.6% |
| 312B DELANCEY PL | 2025-06 | $280,000 | 1,336 | 46.0% |
| 33 WEST BERWIN WAY | 2026-01 | $345,000 | 1,326 | 40.1% |
| 11 EAST BERWIN WAY | 2025-12 | $368,500 | 1,326 | 37.6% |
| 22 WEST BERWIN WAY | 2025-06 | $401,000 | 1,326 | 34.7% |
| 122B ARDEN CT | 2025-05 | $335,000 | 1,336 | 44.8% |
| 10 GRETNA CT | 2025-12 | $390,000 | 1,331 | 44.0% |
| 71 EDDYSTONE WAY | 2025-11 | $320,000 | 1,331 | 53.6% |
| 56 EDDYSTONE WAY | 2025-11 | $405,000 | 1,331 | 42.3% |
| 77 EDDYSTONE WAY | 2025-04 | $355,000 | 1,331 | 48.8% |
| 3 WEST CORTLAND CT | 2025-02 | $432,000 | 1,331 | 39.7% |
| 71 EDDYSTONE WAY | 2025-02 | $459,900 | 1,331 | 37.3% |
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