The Fair Share Report
48 Pine St
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.
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Step 1 · Market value
Likely range $245,000 – $310,000, 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 $295,000 home should be assessed near $179,626.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $88,226 below what the ratio math suggests (49.1%).
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
24%85%
Keep quiet and enjoy it
This home's assessment ratio sits below the Mount Holly pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 36 PINE ST | 2025-12 | $300,000 | 2,262 | 52.7% |
| 50 PINE ST | 2025-10 | $147,000 | 1,358 | 58.0% |
| 26 PINE ST | 2025-11 | $305,000 | 2,325 | 50.5% |
| 51 WHITE ST | 2025-10 | $230,000 | 1,198 | 52.4% |
| 40 UNION ST | 2026-03 | $290,166 | 2,132 | 60.3% |
| 42 UNION ST | 2025-06 | $350,000 | 2,294 | 46.7% |
| 152-1/2 RANCOCAS RD | 2025-09 | $245,000 | 1,352 | 38.5% |
| 123 PEARL ST | 2025-04 | $295,000 | 1,672 | 43.1% |
| 136 SHREVE ST | 2025-05 | $250,000 | 1,456 | 56.3% |
| 220 GARDEN ST | 2026-05 | $319,000 | 1,988 | 44.3% |
| 312 WASHINGTON ST | 2025-07 | $270,000 | 1,456 | 43.0% |
| 112 RANCOCAS RD | 2026-01 | $270,000 | 1,218 | 33.8% |
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