The Fair Share Report

737 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

≈ $930,544

Likely range $817,345 – $1,075,556, 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 $930,544 home should be assessed near $571,726.

Step 3 · Assessed value

$547,600

Set at the last town-wide revaluation and mostly frozen since. That's $24,126 below what the ratio math suggests (4.2%).

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

$15,369/yr
Public schools$10,223
Burlington County$2,672
Town of Moorestown$2,475
Moorestown average$13,076

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

Town median 51.8%
This home · 58.8%

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
244 GREGORY COURT2026-02$855,0002,48249.0%
741 PADDOCK PATH2025-08$1,200,0002,68852.0%
268 NORTH RIDING DR2025-04$605,0002,76974.6%
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%
596 SENTINEL RD2025-05$999,9992,71254.9%
892 HERITAGE RD2025-03$810,0002,20450.5%
236 CARRIAGE HILL DR2026-04$1,265,0002,64651.1%
236 CARRIAGE HILL DR2025-07$1,100,0002,64658.8%

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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 →