The Fair Share Report

50 Devon Rd

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.

Step 1 · Market value

≈ $355,000

Likely range $303,000 – $406,000, from 12 comparable Mount Holly sales in the past 18 months.

Step 2 · The Director's Ratio

60.89%

The state's official measure of how far Mount Holly assessments sit below market value — republished every October, applied town-wide. A $355,000 home should be assessed near $216,160.

Step 3 · Assessed value

$230,900

Set at the last town-wide revaluation and mostly frozen since. That's $14,741 above what the ratio math suggests (6.8%).

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

$3.490 per $100 assessed

$1.984 Schools · 57% $0.536 County · 15% $0.970 Town · 28%

Step 5 · The bill

$8,643/yr
Public schools$4,913
Burlington County$1,327
Town of Mount Holly$2,402
Mount Holly average$5,980

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

Town median 53.6%
This home · 65.0%

36%85%

Paying about right

This home's ratio lands inside Mount Holly'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
201 FRONT ST2025-11$375,0001,31441.3%
16 LOIS LN2025-07$330,0001,31456.9%
8 CHENNAULT CT2026-03$355,0001,41064.7%
38 TINKER DR2026-01$460,0001,66353.9%
10 WINDING WAY2026-01$410,0002,04760.8%
200 FRONT ST2025-12$406,0001,44450.5%
38 TINKER DR2025-10$270,0001,66391.8%
237 FRONT ST2025-09$366,0001,64460.4%
60 RIDGLEY ST2025-07$303,0001,46361.9%
202 FRONT ST2025-05$380,0001,31447.9%
139 CALEY AVE2025-06$355,0001,34460.4%
315 MT HOLLY AVE2025-03$365,0001,69662.7%

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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 →