The Fair Share Report

629 Devon Rd

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.

Step 1 · Market value

≈ $572,895

Likely range $484,011 – $620,096, from 12 comparable Moorestown sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

61.44%

The state's official measure of how far Moorestown assessments sit below market value — republished every October, applied town-wide. A $572,895 home should be assessed near $351,987.

Step 3 · Assessed value

$299,800

Set at the last town-wide revaluation and mostly frozen since. That's $52,187 below what the ratio math suggests (14.8%).

Step 4 · The tax rate — same for every Moorestown home

$2.813 per $100 assessed

$1.871 Schools · 67% $0.489 County · 17% $0.453 Town · 16%

Step 5 · The bill

$8,736/yr
Public schools$5,811
Burlington County$1,519
Town of Moorestown$1,407
Moorestown average$13,076

This home vs. every recent Moorestown sale · assessed ÷ market

Town median 51.8%
This home · 52.3%

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)

AddressSoldPriceSq ftRatio
100 ERRICKSON AVE2025-10$428,8751,91141.5%
15 CIRCLE DR2026-03$559,0001,82543.0%
113 GRANT AVE2025-05$622,5001,95840.9%
705 MANOR TERRACE2026-05$475,0001,73352.6%
429 OLDERSHAW AVE2025-06$680,0001,88553.1%
121 COTTAGE AVE2025-05$420,0001,83656.8%
111 FLYNN AVE2025-10$591,5002,21649.9%
614 WINDSOR PL2025-09$610,0001,85849.1%
601 STRATFORD2026-04$785,0002,07641.3%
447 S CHURCH ST2025-01$605,0001,88351.2%
430 HIGHLAND DR2025-11$665,0002,28353.6%
204 HIGHLAND AVE2025-08$644,0002,04747.0%

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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 →