The Fair Share Report

7 Carson 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

≈ $347,305

Likely range $303,528 – $404,564, 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 $347,305 home should be assessed near $208,522.

Step 3 · Assessed value

$175,400

Set at the last town-wide revaluation and mostly frozen since. That's $33,122 below what the ratio math suggests (15.9%).

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

$5,895/yr
Public schools$3,972
Burlington County$933
Town of Mount Laurel$990
Mount Laurel average$7,506

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

Town median 48.4%
This home · 50.5%

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
3 EWING CT2025-02$400,0001,45944.8%
1202 AUGUSTA CIR2026-05$300,0001,43459.9%
29 BASTIAN DR2025-08$426,5001,44341.8%
101 CAMBER LA2026-02$350,0001,48845.9%
2720B SUSSEX CT2025-12$285,0001,39847.2%
2504B SUSSEX CT2025-06$270,0001,39848.9%
3807A CHADBURY RD2025-10$350,0001,39142.3%
313 FOUNTAINHALL CT2025-11$317,0001,48848.6%
329 GWYNEDD CT2025-10$317,0001,48848.6%
125 CAMBER LA2025-02$360,0001,48845.7%
378 INVERNESS CT2025-05$360,0001,50341.6%
5 KESWICK CT2025-11$451,2501,42739.5%

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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 →