The Fair Share Report

5 Hampton 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.

Step 1 · Market value

≈ $574,724

Likely range $471,051 – $587,920, from 12 comparable Mount Laurel sales in the past 18 months, at this home's 2,048 sq ft.

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 $574,724 home should be assessed near $345,064.

Step 3 · Assessed value

$288,700

Set at the last town-wide revaluation and mostly frozen since. That's $56,364 below what the ratio math suggests (16.3%).

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

$9,703/yr
Public schools$6,538
Burlington County$1,536
Town of Mount Laurel$1,629
Mount Laurel average$7,506

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

Town median 48.4%
This home · 50.2%

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
8 CONOVER CT2025-08$606,0002,12053.6%
11 CONOVER CT2025-01$607,0002,12049.6%
21 WHITECHAPEL DR2026-01$591,0002,10651.4%
21 WHITECHAPEL DR2025-12$591,0002,10651.4%
4 HARTZEL CT2025-06$720,0002,10845.6%
192 KNOTTY OAK DR2026-02$630,0001,97536.7%
204 STRATTON CT2025-11$385,0001,94454.3%
18 SOUTHGATE RD2025-01$440,0001,91350.3%
168 KNOTTY OAK DR2025-09$650,0001,97541.3%
6 W OLEANDER DR2025-09$515,0001,93644.1%
9 BALLINGER WAY2025-07$635,0002,21246.8%
20 ROSE CT2026-05$350,0002,02568.1%

Is this your house?

Run your own report →

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 →