The Fair Share Report

614 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

≈ $361,795

Likely range $320,550 – $458,074, 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 $361,795 home should be assessed near $217,222.

Step 3 · Assessed value

$185,600

Set at the last town-wide revaluation and mostly frozen since. That's $31,622 below what the ratio math suggests (14.6%).

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

$6,238/yr
Public schools$4,203
Burlington County$987
Town of Mount Laurel$1,047
Mount Laurel average$7,506

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

Town median 48.4%
This home · 51.3%

35%75%

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
432 HEMLOCK LA2025-12$360,0001,40450.9%
608 ORCHARD CT2025-11$525,0001,33041.1%
135 MEMORIAL LA2025-07$545,0001,46239.6%
1130 HAINSPT-MT LAUREL RD2025-08$370,0001,48045.6%
9A EAST DAISY LA2025-08$300,0001,30043.8%
82 FARNWOOD RD2025-09$300,0001,45258.7%
131 BANWELL LA2025-04$375,0001,43243.2%
16 ADNER DR2025-08$446,2501,41139.4%
5 KESWICK CT2025-11$451,2501,42739.5%
5 KESWICK CT2025-06$336,3001,42753.0%
623 S CHURCH ST2025-05$275,0001,38163.9%
159 WAVERLY AVE2026-03$270,0001,40278.1%

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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 →