The Fair Share Report

76 E 3rd St

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

≈ $246,929

Likely range $223,866 – $282,105, from 12 comparable Moorestown sales in the past 18 months, at this home's 938 sq ft.

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 $246,929 home should be assessed near $151,713.

Step 3 · Assessed value

$164,000

Set at the last town-wide revaluation and mostly frozen since. That's $12,287 above what the ratio math suggests (8.1%).

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

$4,753/yr
Public schools$3,161
Burlington County$826
Town of Moorestown$765
Moorestown average$13,076

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

Town median 51.8%
This home · 66.4%

35%79%

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
66 E 3RD ST2025-05$212,5001,16858.6%
125 SCHOOLEY ST2025-06$200,00083861.5%
84 E 3RD ST2025-06$360,0001,18845.9%
86 E 3RD ST2025-06$289,8981,18847.7%
228 MILL ST2026-02$427,0001,23038.5%
62 ERASER ROAD2026-02$320,0001,06452.8%
44 ERASER ROAD2026-02$240,0001,06470.9%
136 CHALKBOARD COURT2025-12$305,0001,06446.1%
217 UNION ST2025-06$435,0001,33333.2%
149 CHALKBOARD COURT2026-03$277,0001,08050.6%
33 ERASER ROAD2025-05$290,0001,08049.8%
206 CRIDER AVE2026-02$287,5001,10448.0%

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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 →