The Fair Share Report
617 E 3rd St
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $983,429 – $1,279,210, from 12 comparable Moorestown sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Moorestown assessments sit below market value — republished every October, applied town-wide. A $1,173,548 home should be assessed near $721,028.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $191,528 below what the ratio math suggests (26.6%).
Step 4 · The tax rate — same for every Moorestown home
$1.871 Schools · 67% $0.489 County · 17% $0.453 Town · 16%
Step 5 · The bill
This home vs. every recent Moorestown sale · assessed ÷ market
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 153 SARAZEN DR | 2025-03 | $1,065,000 | 3,287 | 57.9% |
| 158 SARAZEN DR | 2025-12 | $1,065,000 | 3,003 | 48.5% |
| 137 SARAZEN DR | 2026-01 | $925,000 | 3,041 | 47.9% |
| 119 SARAZEN DR | 2025-01 | $870,000 | 3,010 | 59.5% |
| 451 WINDROW CLUSTERS DR | 2025-06 | $974,000 | 3,812 | 64.7% |
| 7 SYCAMORE LANE | 2025-07 | $1,126,000 | 3,197 | 53.2% |
| 62 BROOKS ROAD | 2025-09 | $1,190,000 | 3,224 | 49.0% |
| 151 OAKMONT DRIVE | 2025-03 | $1,250,000 | 3,419 | 50.6% |
| 248 COUNTRY CLUB DR | 2025-04 | $1,415,000 | 3,508 | 49.5% |
| 57 BROOKS ROAD | 2025-12 | $1,300,000 | 3,431 | 47.9% |
| 130 AUGUSTA DR | 2025-08 | $1,079,000 | 3,196 | 52.6% |
| 97 BROOKS ROAD | 2025-11 | $1,350,000 | 3,194 | 47.8% |
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