The Fair Share Report

8 Pine Rd

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

≈ $413,842

Likely range $371,354 – $496,708, 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 $413,842 home should be assessed near $248,471.

Step 3 · Assessed value

$200,500

Set at the last town-wide revaluation and mostly frozen since. That's $47,971 below what the ratio math suggests (19.3%).

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

$6,739/yr
Public schools$4,541
Burlington County$1,067
Town of Mount Laurel$1,131
Mount Laurel average$7,506

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

Town median 48.4%
This home · 48.4%

35%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
102 WAVERLY AVE2025-11$457,0001,49044.4%
6 OAK LA2025-10$422,0001,83045.4%
206 UPPER PARK RD2025-07$407,0001,60653.0%
125 GLENBROOK DR2025-07$456,1091,64038.5%
1130 HAINSPT-MT LAUREL RD2025-08$370,0001,48045.6%
100 RANCOCAS BLVD2026-01$380,0001,27247.6%
623 S CHURCH ST2025-05$275,0001,38163.9%
432 HEMLOCK LA2025-12$360,0001,40450.9%
36 WHITECHAPEL DR2026-01$562,5001,71649.0%
107 HARTFORD RD2025-12$390,0001,30946.6%
415 ACORN RD2026-05$490,0001,73945.2%
3604B CHADBURY RD2026-04$377,4001,63344.5%

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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 →