The Fair Share Report

5 Fox Run

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.

Step 1 · Market value

≈ $713,024

Likely range $608,320 – $786,231, 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

60.04%

The state's official measure of how far Mount Laurel assessments sit below market value — republished every October, applied town-wide. A $713,024 home should be assessed near $428,100.

Step 3 · Assessed value

$352,700

Set at the last town-wide revaluation and mostly frozen since. That's $75,400 below what the ratio math suggests (17.6%).

Step 4 · The tax rate — same for every Mount Laurel home

$3.128 per $100 assessed

$2.107 Schools · 67% $0.495 County · 16% $0.525 Town · 17%

Step 5 · The bill

$11,854/yr
Public schools$7,987
Burlington County$1,877
Town of Mount Laurel$1,990
Mount Laurel average$7,506

This home vs. every recent Mount Laurel sale · assessed ÷ market

Town median 48.4%
This home · 49.5%

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)

AddressSoldPriceSq ftRatio
13 WARRINGTON CT2025-07$722,0002,53348.6%
602 TALLOWOOD LA2025-06$625,0002,55549.5%
57 BOLZ CT2025-08$749,0002,50051.8%
21 HORSESHOE DR2025-09$610,0002,77664.8%
309 CANDLEWOOD LA2025-07$630,0002,57151.3%
32 DAYLILY DR2025-08$820,0002,73949.5%
6 ABINGTON RD2026-03$925,0002,72851.1%
20 FULTON DR2025-01$705,0002,25445.3%
200 LAUREL LA2026-03$643,0002,44450.6%
45 PERIWINKLE DR2025-06$645,0002,80061.3%
606 SARATOGA RD2025-08$715,0002,33249.3%
12 VICTORIA CT2025-10$600,0002,43851.8%

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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 →