The Fair Share Report
5 Carson Ct
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 $280,947 – $412,750, 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 $332,212 home should be assessed near $199,460.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $27,660 below what the ratio math suggests (13.9%).
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
36%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 |
|---|---|---|---|---|
| 2720B SUSSEX CT | 2025-12 | $285,000 | 1,398 | 47.2% |
| 2504B SUSSEX CT | 2025-06 | $270,000 | 1,398 | 48.9% |
| 3807A CHADBURY RD | 2025-10 | $350,000 | 1,391 | 42.3% |
| 1202 AUGUSTA CIR | 2026-05 | $300,000 | 1,434 | 59.9% |
| 4204B FENWICK LA | 2025-11 | $320,000 | 1,384 | 45.2% |
| 5502B ADELAIDE DR | 2025-06 | $220,000 | 1,368 | 56.8% |
| 15 KNIGHTON LA | 2025-07 | $425,000 | 1,441 | 48.4% |
| 319 MOONSEED PL | 2025-08 | $400,000 | 1,399 | 51.0% |
| 9 ADNER DR | 2025-06 | $395,000 | 1,356 | 44.6% |
| 16 MADISON CT | 2025-07 | $352,500 | 1,356 | 48.9% |
| 7 MARINA CT | 2025-06 | $400,000 | 1,331 | 44.3% |
| 210 AUGUSTA CIR | 2026-04 | $210,000 | 1,338 | 87.3% |
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