The Fair Share Report

732 Paddock Path

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

≈ $851,591

Likely range $712,703 – $1,030,712, 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 $851,591 home should be assessed near $523,218.

Step 3 · Assessed value

$549,500

Set at the last town-wide revaluation and mostly frozen since. That's $26,282 above what the ratio math suggests (5.0%).

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

$15,925/yr
Public schools$10,592
Burlington County$2,768
Town of Moorestown$2,564
Moorestown average$13,076

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

Town median 51.8%
This home · 64.5%

35%83%

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
244 GREGORY COURT2026-02$855,0002,48249.0%
741 PADDOCK PATH2025-08$1,200,0002,68852.0%
705 MAPLE LEAF LANE2025-08$1,250,0002,76546.0%
24 S SHIRLEY AVE2025-04$800,0002,38843.1%
433 PAUL DRIVE2025-07$700,0002,42253.4%
11 W SPRUCE ST2025-07$875,0002,53650.5%
177 RAMBLEWOOD2025-09$875,0002,21940.8%
430 HIGHLAND DR2025-11$665,0002,28353.6%
268 NORTH RIDING DR2025-04$605,0002,76974.6%
44 WAGON BRIDGE RUN2026-05$625,0003,03858.7%
234 EASTBOURNE TERR2025-08$875,0002,80247.4%
308 FARMDALE RD2025-06$524,4452,92766.4%

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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 →