The Fair Share Report

49 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.

Step 1 · Market value

≈ $791,419

Likely range $755,592 – $943,292, from 12 comparable Moorestown sales in the past 18 months, at this home's 3,094 sq ft.

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 $791,419 home should be assessed near $486,248.

Step 3 · Assessed value

$415,800

Set at the last town-wide revaluation and mostly frozen since. That's $70,448 below what the ratio math suggests (14.5%).

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

$12,050/yr
Public schools$8,015
Burlington County$2,095
Town of Moorestown$1,940
Moorestown average$13,076

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

Town median 51.8%
This home · 52.5%

35%76%

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
214 E CENTRAL AVE2025-12$795,0003,10862.2%
318 E CENTRAL AVE2025-10$999,9993,28052.1%
44 WAGON BRIDGE RUN2026-05$625,0003,03858.7%
529 BOWLING GR2025-09$770,0003,15359.6%
14 GREENVALE RD2024-12$750,0003,00852.2%
7 WHITE TAIL COURT2026-01$1,290,0003,13452.2%
408 E OAK AVE2026-05$1,250,0003,32649.1%
401 W 3RD ST2026-05$885,0003,19051.3%
198 S LINCOLN AVE2025-11$695,0003,25550.9%
137 SARAZEN DR2026-01$925,0003,04147.9%
8 E OAK AVE2025-11$450,0002,23478.5%
707 MANOR TERRACE2025-03$802,5003,25252.2%

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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 →