The Fair Share Report
507A Ginger Dr
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 $301,957 – $360,617, 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 $319,512 home should be assessed near $191,835.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $65,235 below what the ratio math suggests (34.0%).
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
30%75%
Keep quiet and enjoy it
This home's assessment ratio sits below the Mount Laurel 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 |
|---|---|---|---|---|
| 7 BUTTONBUSH CT | 2025-12 | $355,000 | 1,247 | 53.0% |
| 212 DOGWOOD DR | 2025-12 | $350,000 | 1,247 | 53.8% |
| 626 CASCADE DR SOUTH | 2025-06 | $375,000 | 1,247 | 49.9% |
| 610 CASCADE DR SOUTH | 2025-01 | $385,000 | 1,247 | 49.7% |
| 807 TRESCOTT PL | 2025-08 | $299,000 | 1,228 | 42.4% |
| 4414C ABERDEEN DR | 2025-10 | $255,000 | 1,260 | 49.3% |
| 1201A GINGER CT | 2026-01 | $300,000 | 1,220 | 42.2% |
| 603A GINGER CT | 2025-08 | $300,000 | 1,220 | 42.2% |
| 901A OLIPHANT LA | 2026-04 | $320,000 | 1,228 | 52.0% |
| 901A SAXONY DR | 2026-04 | $325,000 | 1,248 | 50.9% |
| 404 ASTER PL | 2026-04 | $390,000 | 1,247 | 47.3% |
| 1302B GINGER DR | 2025-12 | $268,500 | 1,220 | 47.1% |
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