The Fair Share Report
74 E 3rd St
Moorestown, NJ 08002
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 $261,103 – $321,805, from 12 comparable Moorestown sales in the past 18 months, at this home's 1,070 sq ft.
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 $287,315 home should be assessed near $176,526.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $68,226 below what the ratio math suggests (38.6%).
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
28%76%
Keep quiet and enjoy it
This home's assessment ratio sits below the Moorestown pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 66 E 3RD ST | 2025-05 | $212,500 | 1,168 | 58.6% |
| 84 E 3RD ST | 2025-06 | $360,000 | 1,188 | 45.9% |
| 86 E 3RD ST | 2025-06 | $289,898 | 1,188 | 47.7% |
| 228 MILL ST | 2026-02 | $427,000 | 1,230 | 38.5% |
| 125 SCHOOLEY ST | 2025-06 | $200,000 | 838 | 61.5% |
| 62 ERASER ROAD | 2026-02 | $320,000 | 1,064 | 52.8% |
| 44 ERASER ROAD | 2026-02 | $240,000 | 1,064 | 70.9% |
| 136 CHALKBOARD COURT | 2025-12 | $305,000 | 1,064 | 46.1% |
| 149 CHALKBOARD COURT | 2026-03 | $277,000 | 1,080 | 50.6% |
| 33 ERASER ROAD | 2025-05 | $290,000 | 1,080 | 49.8% |
| 217 UNION ST | 2025-06 | $435,000 | 1,333 | 33.2% |
| 206 CRIDER AVE | 2026-02 | $287,500 | 1,104 | 48.0% |
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