The Fair Share Report

70 Pine St

Mt Holly, NJ 08060

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

≈ $280,000

Likely range $212,500 – $399,900, from 12 comparable Mount Holly sales in the past 18 months.

Step 2 · The Director's Ratio

60.89%

The state's official measure of how far Mount Holly assessments sit below market value — republished every October, applied town-wide. A $280,000 home should be assessed near $170,492.

Step 3 · Assessed value

$120,400

Set at the last town-wide revaluation and mostly frozen since. That's $50,092 below what the ratio math suggests (29.4%).

Step 4 · The tax rate — same for every Mount Holly home

$3.490 per $100 assessed

$1.984 Schools · 57% $0.536 County · 15% $0.970 Town · 28%

Step 5 · The bill

$4,507/yr
Public schools$2,562
Burlington County$692
Town of Mount Holly$1,253
Mount Holly average$5,980

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

Town median 53.6%
This home · 43.0%

25%85%

Paying about right

This home's ratio lands inside Mount Holly'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
142 CHERRY ST2026-05$170,0001,50870.9%
127 SOUTH AVE2025-01$215,00081659.4%
45 BROAD ST2026-02$450,0002,05647.4%
119 WASHINGTON ST2025-02$212,5001,81862.9%
233 CHESTNUT ST2025-04$235,0001,57977.0%
134 KING ST2025-08$399,9001,71546.3%
48 MADISON AVE2025-02$260,0001,96561.8%
50 MADISON AVE2025-05$357,5002,16648.2%
310 GARDEN ST2025-10$286,0001,54754.9%
107 ROSSELL ST2025-06$400,0001,30845.8%
204 WOODPECKER LN2026-05$407,3601,28744.7%
707 SMITH LN2026-03$210,0001,33280.5%

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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 →