The Fair Share Report

6 Pine Rd

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.

Step 1 · Market value

≈ $271,610

Likely range $217,828 – $317,619, from 12 comparable Mount Laurel sales in the past 18 months, at this home's 928 sq ft.

Step 2 · The Director's Ratio

60.04%

The state's official measure of how far Mount Laurel assessments sit below market value — republished every October, applied town-wide. A $271,610 home should be assessed near $163,075.

Step 3 · Assessed value

$161,200

Set at the last town-wide revaluation and mostly frozen since. That's $1,875 below what the ratio math suggests (1.1%).

Step 4 · The tax rate — same for every Mount Laurel home

$3.128 per $100 assessed

$2.107 Schools · 67% $0.495 County · 16% $0.525 Town · 17%

Step 5 · The bill

$5,418/yr
Public schools$3,651
Burlington County$858
Town of Mount Laurel$910
Mount Laurel average$7,506

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

Town median 48.4%
This home · 59.3%

36%79%

Paying about right

This home's ratio lands inside Mount Laurel'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
204 GARNET AVE2025-06$207,50088466.1%
31 RANCOCAS BLVD2025-09$275,00090052.7%
408 TIMBERLINE DR2025-11$346,50093644.0%
310 TIMBERLINE DR2025-10$350,10093648.1%
109 CORAL AVE2025-11$345,0001,00838.8%
109 CORAL AVE2025-05$220,1001,00860.8%
7 FEDERAL ST2026-03$141,50071878.6%
15-13 BEAVER AVE2026-01$240,00082061.5%
29 GRANITE AVE2025-09$225,0001,05370.4%
21 BEAVER AVE2026-01$375,5001,16443.9%
8 EAST AZALEA LA2025-05$257,00094039.7%
12A EAST DAISY LA2025-08$235,00091844.3%

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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 →