The Fair Share Report
703 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $730,422 – $911,741, from 12 comparable Moorestown 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 Moorestown assessments sit below market value — republished every October, applied town-wide. A $751,275 home should be assessed near $461,583.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $84,983 below what the ratio math suggests (18.4%).
Step 4 · The tax rate — same for every Moorestown home
$1.871 Schools · 67% $0.489 County · 17% $0.453 Town · 16%
Step 5 · The bill
This home vs. every recent Moorestown sale · assessed ÷ market
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 801 CAMDEN AVE | 2025-11 | $805,000 | 2,757 | 49.5% |
| 310 S WASHINGTON AVE | 2025-12 | $749,900 | 2,719 | 47.1% |
| 11 W SPRUCE ST | 2025-07 | $875,000 | 2,536 | 50.5% |
| 244 GREGORY COURT | 2026-02 | $855,000 | 2,482 | 49.0% |
| 308 FARMDALE RD | 2025-06 | $524,445 | 2,927 | 66.4% |
| 705 MAPLE LEAF LANE | 2025-08 | $1,250,000 | 2,765 | 46.0% |
| 325 FARMDALE RD | 2025-11 | $495,000 | 2,183 | 52.3% |
| 234 EASTBOURNE TERR | 2025-08 | $875,000 | 2,802 | 47.4% |
| 222 EASTBOURNE TERR | 2025-10 | $850,000 | 2,931 | 51.7% |
| 433 PAUL DRIVE | 2025-07 | $700,000 | 2,422 | 53.4% |
| 333 FARMDALE RD | 2025-07 | $720,000 | 2,152 | 53.8% |
| 204 HIGHLAND AVE | 2025-08 | $644,000 | 2,047 | 47.0% |
Is this your house?
Run your own report →