The Fair Share Report

7 Castleton La

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

≈ $1,274,156

Likely range $1,144,987 – $1,400,612, 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 $1,274,156 home should be assessed near $782,841.

Step 3 · Assessed value

$593,700

Set at the last town-wide revaluation and mostly frozen since. That's $189,141 below what the ratio math suggests (24.2%).

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

$17,205/yr
Public schools$11,444
Burlington County$2,991
Town of Moorestown$2,771
Moorestown average$13,076

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

Town median 51.8%
This home · 46.6%

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
248 COUNTRY CLUB DR2025-04$1,415,0003,50849.5%
151 OAKMONT DRIVE2025-03$1,250,0003,41950.6%
110 MUIRFIELD CT2025-09$1,385,0003,46349.2%
57 BROOKS ROAD2025-12$1,300,0003,43147.9%
61 BROOKS ROAD2025-07$1,450,0003,52148.2%
7 SYCAMORE LANE2025-07$1,126,0003,19753.2%
71 BROOKS ROAD2025-06$1,381,0003,63148.5%
62 BROOKS ROAD2025-09$1,190,0003,22449.0%
95-99 GRANT AVE2026-02$805,0003,40853.3%
130 AUGUSTA DR2025-08$1,079,0003,19652.6%
97 BROOKS ROAD2025-11$1,350,0003,19447.8%
7 COLLINS MILL COURT2025-08$745,0003,48075.3%

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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 →