The Fair Share Report

8 Fox Run

Mt Laurel, NJ 08054

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

≈ $654,880

Likely range $624,086 – $705,454, from 12 comparable Mount Laurel sales in the past 18 months, at this home's 2,291 sq ft.

Step 2 · The Director's Ratio

60.04%

The state's official measure of how far Mount Laurel assessments sit below market value — republished every October, applied town-wide. A $654,880 home should be assessed near $393,190.

Step 3 · Assessed value

$301,900

Set at the last town-wide revaluation and mostly frozen since. That's $91,290 below what the ratio math suggests (23.2%).

Step 4 · The tax rate — same for every Mount Laurel home

$3.128 per $100 assessed

$2.107 Schools · 67% $0.495 County · 16% $0.525 Town · 17%

Step 5 · The bill

$10,147/yr
Public schools$6,837
Burlington County$1,606
Town of Mount Laurel$1,704
Mount Laurel average$7,506

This home vs. every recent Mount Laurel sale · assessed ÷ market

Town median 48.4%
This home · 46.1%

36%75%

Paying about right

This home's ratio lands inside Mount Laurel'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
20 FULTON DR2025-01$705,0002,25445.3%
610 WOODTHRUSH CT2025-08$635,0002,24048.1%
606 SARATOGA RD2025-08$715,0002,33249.3%
8 CONOVER CT2025-08$606,0002,12053.6%
11 CONOVER CT2025-01$607,0002,12049.6%
520 PERRY DR2025-07$680,0002,36245.4%
517 PERRY DR2026-04$675,0002,38642.9%
12 VICTORIA CT2025-10$600,0002,43851.8%
200 LAUREL LA2026-03$643,0002,44450.6%
6 RANCOCAS BLVD2025-07$668,2502,13036.7%
104 KNOTTY OAK DR2025-12$715,0002,32243.3%
300 KEATLEY DR2025-09$825,0002,38450.9%

Is this your house?

Run your own report →

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 →