The Fair Share Report
48 E Central 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $713,706 – $1,094,870, from 12 comparable Moorestown 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 Moorestown assessments sit below market value — republished every October, applied town-wide. A $835,670 home should be assessed near $513,436.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $44,464 above what the ratio math suggests (8.7%).
Step 4 · The tax rate — same for every Moorestown home
$1.871 Schools · 67% $0.489 County · 17% $0.453 Town · 16%
Step 5 · The bill
This home vs. every recent Moorestown sale · assessed ÷ market
35%84%
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 596 SENTINEL RD | 2025-05 | $999,999 | 2,712 | 54.9% |
| 214 E CENTRAL AVE | 2025-12 | $795,000 | 3,108 | 62.2% |
| 268 NORTH RIDING DR | 2025-04 | $605,000 | 2,769 | 74.6% |
| 801 CAMDEN AVE | 2025-11 | $805,000 | 2,757 | 49.5% |
| 803 FERNWOOD RD | 2025-10 | $927,625 | 2,812 | 52.1% |
| 705 MAPLE LEAF LANE | 2025-08 | $1,250,000 | 2,765 | 46.0% |
| 236 CARRIAGE HILL DR | 2026-04 | $1,265,000 | 2,646 | 51.1% |
| 236 CARRIAGE HILL DR | 2025-07 | $1,100,000 | 2,646 | 58.8% |
| 5 MURRAY ROAD | 2025-12 | $1,070,000 | 2,783 | 52.4% |
| 318 E CENTRAL AVE | 2025-10 | $999,999 | 3,280 | 52.1% |
| 2 NIXON DRIVE | 2025-03 | $660,000 | 2,468 | 55.9% |
| 540 WESTFIELD RD | 2025-05 | $830,000 | 2,829 | 53.8% |
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