The Fair Share Report
8 E Central Ave
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $388,278 – $611,504, from 12 comparable Moorestown sales in the past 18 months (home size estimated from assessor data — range widened).
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 $556,930 home should be assessed near $342,178.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $1,978 below what the ratio math suggests (0.6%).
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
35%93%
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 248 S CHURCH ST | 2025-05 | $240,000 | 1,702 | 67.6% |
| 307 FAIRVIEW AVE | 2026-04 | $699,000 | 1,934 | 44.9% |
| 201 LOCUST ST | 2025-08 | $731,201 | 1,896 | 34.0% |
| 109 S COLONIAL AVE | 2025-08 | $725,000 | 1,631 | 45.5% |
| 455 N CHURCH ST | 2025-04 | $450,000 | 1,531 | 47.3% |
| 111 COLONIAL RDG | 2025-05 | $782,000 | 2,353 | 38.3% |
| 325 E 2ND ST | 2025-03 | $385,000 | 1,788 | 51.8% |
| 614 WINDSOR PL | 2025-09 | $610,000 | 1,858 | 49.1% |
| 271 W MAIN ST | 2025-03 | $725,000 | 2,320 | 40.3% |
| 121 COTTAGE AVE | 2025-05 | $420,000 | 1,836 | 56.8% |
| 780 HARTFORD RD | 2025-06 | $400,000 | 1,584 | 49.2% |
| 300 W WALNUT AVE | 2025-03 | $560,000 | 1,824 | 45.2% |
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