The Fair Share Report

756 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

≈ $734,472

Likely range $630,910 – $754,600, 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 $734,472 home should be assessed near $451,260.

Step 3 · Assessed value

$457,300

Set at the last town-wide revaluation and mostly frozen since. That's $6,040 above what the ratio math suggests (1.3%).

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

$13,253/yr
Public schools$8,815
Burlington County$2,304
Town of Moorestown$2,134
Moorestown average$13,076

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

Town median 51.8%
This home · 62.3%

35%78%

A touch high — worth watching

This home's ratio sits above most of Moorestown, but doesn't clear NJ's legal appeal line (70.66%).

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
256 CARRIAGE HILL DR2025-10$735,0002,00451.6%
601 STRATFORD2026-04$785,0002,07641.3%
892 HERITAGE RD2025-03$810,0002,20450.5%
1 CIRCLE DR2025-09$785,0002,12749.3%
429 OLDERSHAW AVE2025-06$680,0001,88553.1%
100 ERRICKSON AVE2025-10$428,8751,91141.5%
177 RAMBLEWOOD2025-09$875,0002,21940.8%
15 CIRCLE DR2026-03$559,0001,82543.0%
447 S CHURCH ST2025-01$605,0001,88351.2%
102 LOIS LANE2025-02$600,0001,92257.2%
113 GRANT AVE2025-05$622,5001,95840.9%
244 GREGORY COURT2026-02$855,0002,48249.0%

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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 →