The Fair Share Report

53 E Central 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

≈ $738,214

Likely range $551,840 – $951,019, 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 $738,214 home should be assessed near $453,559.

Step 3 · Assessed value

$550,900

Set at the last town-wide revaluation and mostly frozen since. That's $97,341 above what the ratio math suggests (21.5%).

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

$15,965/yr
Public schools$10,619
Burlington County$2,775
Town of Moorestown$2,571
Moorestown average$13,076

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

Town median 51.8%
This home · 74.6%

35%105%

A touch high — worth watching

This home's ratio sits above most of Moorestown, but doesn't clear NJ's legal appeal line (70.66%).

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
214 E CENTRAL AVE2025-12$795,0003,10862.2%
120 W CENTRAL AVE2025-06$897,0002,82250.0%
232-234 W 2ND ST2025-05$470,0002,76053.3%
8 E OAK AVE2025-11$450,0002,23478.5%
229 S CHURCH ST2025-07$405,0002,41966.3%
39 BRAMLEY ROAD2026-02$1,125,0002,93249.9%
269 E 3RD ST2025-07$940,0002,41041.2%
14 GREENVALE RD2024-12$750,0003,00852.2%
412 WINDROW CLUSTERS DR2025-06$760,0002,88059.6%
104 MT LAUREL RD2026-03$875,0002,90460.0%
234 EASTBOURNE TERR2025-08$875,0002,80247.4%
44 WAGON BRIDGE RUN2026-05$625,0003,03858.7%

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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 →