The Fair Share Report

58 Pine St

Mt Holly, NJ 08055

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

≈ $290,166

Likely range $230,000 – $310,000, 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 $290,166 home should be assessed near $176,682.

Step 3 · Assessed value

$111,600

Set at the last town-wide revaluation and mostly frozen since. That's $65,082 below what the ratio math suggests (36.8%).

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

$4,177/yr
Public schools$2,375
Burlington County$642
Town of Mount Holly$1,161
Mount Holly average$5,980

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

Town median 53.6%
This home · 38.5%

31%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
50 PINE ST2025-10$147,0001,35858.0%
42 UNION ST2025-06$350,0002,29446.7%
36 PINE ST2025-12$300,0002,26252.7%
26 PINE ST2025-11$305,0002,32550.5%
51 WHITE ST2025-10$230,0001,19852.4%
312 WASHINGTON ST2025-07$270,0001,45643.0%
40 UNION ST2026-03$290,1662,13260.3%
112 RANCOCAS RD2026-01$270,0001,21833.8%
104 RANCOCAS RD2025-12$310,0001,48834.9%
220 GARDEN ST2026-05$319,0001,98844.3%
152-1/2 RANCOCAS RD2025-09$245,0001,35238.5%
123 PEARL ST2025-04$295,0001,67243.1%

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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 →