The Fair Share Report
506 Devon Rd
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $373,711 – $662,768, from 12 comparable Moorestown sales in the past 18 months, at this home's 1,491 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Moorestown assessments sit below market value — republished every October, applied town-wide. A $517,866 home should be assessed near $318,177.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $161,377 below what the ratio math suggests (50.7%).
Step 4 · The tax rate — same for every Moorestown home
$1.871 Schools · 67% $0.489 County · 17% $0.453 Town · 16%
Step 5 · The bill
This home vs. every recent Moorestown sale · assessed ÷ market
18%76%
Keep quiet and enjoy it
This home's assessment ratio sits below the Moorestown pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 214 PEMBROOK AVE | 2025-08 | $753,000 | 1,536 | 43.2% |
| 419 HOOTON PLACE | 2025-08 | $350,000 | 1,455 | 71.9% |
| 308 KENWOOD DR | 2025-11 | $425,000 | 1,552 | 63.1% |
| 308 KENWOOD DR | 2025-09 | $389,000 | 1,552 | 69.0% |
| 507 E 2ND ST | 2025-06 | $550,000 | 1,309 | 48.9% |
| 614 WINDSOR PL | 2025-09 | $610,000 | 1,858 | 49.1% |
| 602 WINDSOR PL | 2025-04 | $570,000 | 1,256 | 48.9% |
| 302 S WASHINGTON AVE | 2025-09 | $455,000 | 1,310 | 50.8% |
| 604 N CHURCH ST | 2025-09 | $320,934 | 1,623 | 63.1% |
| 2 WAGON BRIDGE RUN | 2025-06 | $540,000 | 1,461 | 47.2% |
| 109 S COLONIAL AVE | 2025-08 | $725,000 | 1,631 | 45.5% |
| 10 S SHIRLEY AVE | 2025-07 | $650,000 | 1,540 | 40.8% |
Is this your house?
Run your own report →