The Fair Share Report
7 Pine Rd
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $400,100 – $490,450, 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
The state's official measure of how far Mount Laurel assessments sit below market value — republished every October, applied town-wide. A $452,215 home should be assessed near $271,510.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $66,910 below what the ratio math suggests (24.6%).
Step 4 · The tax rate — same for every Mount Laurel home
$2.107 Schools · 67% $0.495 County · 16% $0.525 Town · 17%
Step 5 · The bill
This home vs. every recent Mount Laurel sale · assessed ÷ market
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 102 WAVERLY AVE | 2025-11 | $457,000 | 1,490 | 44.4% |
| 206 UPPER PARK RD | 2025-07 | $407,000 | 1,606 | 53.0% |
| 125 GLENBROOK DR | 2025-07 | $456,109 | 1,640 | 38.5% |
| 1130 HAINSPT-MT LAUREL RD | 2025-08 | $370,000 | 1,480 | 45.6% |
| 31 QUINCE CT | 2026-02 | $515,000 | 1,628 | 45.1% |
| 31 QUINCE CT | 2025-05 | $325,000 | 1,628 | 71.5% |
| 100 RANCOCAS BLVD | 2026-01 | $380,000 | 1,272 | 47.6% |
| 108 CRYSTAL AVE | 2025-04 | $499,999 | 1,930 | 35.6% |
| 623 S CHURCH ST | 2025-05 | $275,000 | 1,381 | 63.9% |
| 432 HEMLOCK LA | 2025-12 | $360,000 | 1,404 | 50.9% |
| 27 BEAVER AVE | 2025-06 | $350,000 | 1,242 | 50.4% |
| 107 HARTFORD RD | 2025-12 | $390,000 | 1,309 | 46.6% |
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