The Fair Share Report

8 Kyle Ct

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

≈ $742,717

Likely range $640,771 – $808,607, from 12 comparable Mount Laurel sales in the past 18 months (home size estimated from assessor data — range widened).

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 $742,717 home should be assessed near $445,927.

Step 3 · Assessed value

$413,200

Set at the last town-wide revaluation and mostly frozen since. That's $32,727 below what the ratio math suggests (7.3%).

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

$13,888/yr
Public schools$9,358
Burlington County$2,198
Town of Mount Laurel$2,332
Mount Laurel average$7,506

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

Town median 48.4%
This home · 55.6%

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 STARBOARD WAY2026-01$790,0002,71656.7%
32 WATSON DR2025-05$650,0002,76553.5%
89 HILLSIDE LA2026-02$705,0002,84268.7%
12 WOOD VIEW DR2025-06$720,0002,69458.0%
37 LONG BRIDGE DR2025-04$605,0002,76557.3%
50 WATSON DR2024-12$750,0002,76548.6%
68 HILLSIDE LA2026-05$875,0002,86852.8%
116 STARBOARD WAY2024-12$820,0002,73854.9%
87 CHAPEL HILL RD2025-09$559,9002,49855.6%
14 WOOD VIEW DR2026-05$690,0002,40454.8%
6 ARIANAS CT2025-06$825,0002,86450.2%
2 WATSON DR2026-01$600,0002,40450.2%

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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 →