The Fair Share Report

616 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

≈ $317,944

Likely range $296,436 – $399,831, 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 $317,944 home should be assessed near $190,894.

Step 3 · Assessed value

$170,400

Set at the last town-wide revaluation and mostly frozen since. That's $20,494 below what the ratio math suggests (10.7%).

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

$5,727/yr
Public schools$3,859
Burlington County$907
Town of Mount Laurel$962
Mount Laurel average$7,506

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

Town median 48.4%
This home · 53.6%

36%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
9A EAST DAISY LA2025-08$300,0001,30043.8%
16 EAST BLUEBELL LA2026-03$233,0001,25249.8%
608 ORCHARD CT2025-11$525,0001,33041.1%
413 HICKORY LA2025-11$266,1001,28865.8%
14 MARIGOLD CT2025-08$440,0001,32043.8%
332 MAPLE RD2025-03$400,0001,26843.5%
19 OREGON AVE2025-04$397,5001,32841.0%
313 MAPLE RD2025-08$400,0001,33055.5%
40 E OLEANDER DR2025-11$364,9001,28443.9%
81 POPPY CT2025-07$352,0001,28446.0%
20 E OLEANDER DR2025-03$315,0001,28451.5%
6 WEST AZALEA LA2026-05$267,5001,18845.4%

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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 →