The Fair Share Report

6 Castleton La

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

≈ $1,153,481

Likely range $1,048,553 – $1,282,185, 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 $1,153,481 home should be assessed near $708,699.

Step 3 · Assessed value

$531,500

Set at the last town-wide revaluation and mostly frozen since. That's $177,199 below what the ratio math suggests (25.0%).

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

$15,403/yr
Public schools$10,245
Burlington County$2,678
Town of Moorestown$2,480
Moorestown average$13,076

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

Town median 51.8%
This home · 46.1%

35%76%

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
7 SYCAMORE LANE2025-07$1,126,0003,19753.2%
62 BROOKS ROAD2025-09$1,190,0003,22449.0%
97 BROOKS ROAD2025-11$1,350,0003,19447.8%
130 AUGUSTA DR2025-08$1,079,0003,19652.6%
316 W 3RD ST2025-12$860,0002,96848.8%
49 BROOKS ROAD2026-03$990,0002,91456.2%
151 OAKMONT DRIVE2025-03$1,250,0003,41950.6%
248 COUNTRY CLUB DR2025-04$1,415,0003,50849.5%
57 BROOKS ROAD2025-12$1,300,0003,43147.9%
110 MUIRFIELD CT2025-09$1,385,0003,46349.2%
137 SARAZEN DR2026-01$925,0003,04147.9%
15 MURRAY ROAD2025-04$998,0002,85856.9%

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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 →