The Fair Share Report

51 E Maple Ave

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.

Step 1 · Market value

≈ $1,078,932

Likely range $815,486 – $1,257,362, from 12 comparable Moorestown sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

61.44%

The state's official measure of how far Moorestown assessments sit below market value — republished every October, applied town-wide. A $1,078,932 home should be assessed near $662,896.

Step 3 · Assessed value

$656,500

Set at the last town-wide revaluation and mostly frozen since. That's $6,396 below what the ratio math suggests (1.0%).

Step 4 · The tax rate — same for every Moorestown home

$2.813 per $100 assessed

$1.871 Schools · 67% $0.489 County · 17% $0.453 Town · 16%

Step 5 · The bill

$19,025/yr
Public schools$12,654
Burlington County$3,307
Town of Moorestown$3,064
Moorestown average$13,076

This home vs. every recent Moorestown sale · assessed ÷ market

Town median 51.8%
This home · 60.8%

35%86%

Paying about right

This home's ratio lands inside Moorestown'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
318 E CENTRAL AVE2025-10$999,9993,28052.1%
214 E CENTRAL AVE2025-12$795,0003,10862.2%
614 CHESTNUT ST2025-08$925,0003,53462.3%
153 SARAZEN DR2025-03$1,065,0003,28757.9%
95-99 GRANT AVE2026-02$805,0003,40853.3%
3 FULLERTON ROAD2025-08$1,250,0003,40945.5%
151 OAKMONT DRIVE2025-03$1,250,0003,41950.6%
17 CARDINAL DR2026-04$695,0002,98943.9%
57 BROOKS ROAD2025-12$1,300,0003,43147.9%
62 BROOKS ROAD2025-09$1,190,0003,22449.0%
201 LAURENCE DR2025-10$825,0003,20568.6%
110 MUIRFIELD CT2025-09$1,385,0003,46349.2%

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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 →