The Fair Share Report

608 Mapleview Ct

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

≈ $364,787

Likely range $305,133 – $492,039, from 12 comparable Mount Laurel sales in the past 18 months (home size estimated from assessor data — range widened).

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 $364,787 home should be assessed near $219,018.

Step 3 · Assessed value

$226,400

Set at the last town-wide revaluation and mostly frozen since. That's $7,382 above what the ratio math suggests (3.4%).

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

$7,609/yr
Public schools$5,127
Burlington County$1,205
Town of Mount Laurel$1,278
Mount Laurel average$7,506

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

Town median 48.4%
This home · 62.1%

36%80%

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
125 GLENBROOK DR2025-07$456,1091,64038.5%
641 MT LAUREL RD2025-10$598,0001,84051.8%
116 MAYFAIR LA2025-03$311,0001,70554.6%
206 UPPER PARK RD2025-07$407,0001,60653.0%
210 STRATTON CT2025-12$405,0001,69145.9%
210 STRATTON CT2025-07$265,0001,69170.2%
1591 HAINSPT-MT LAUREL RD2025-09$460,0001,72449.0%
31 QUINCE CT2026-02$515,0001,62845.1%
31 QUINCE CT2025-05$325,0001,62871.5%
104 HOOTON RD2025-09$550,0001,94941.6%
33 MEADOWRUE DR2025-11$286,6661,76880.8%
118 BANWELL LA2025-02$365,0001,71451.4%

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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 →