The Fair Share Report

8 Second St

Mt Holly, NJ 08060

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

≈ $385,000

Likely range $303,000 – $406,000, from 12 comparable Mount Holly sales in the past 18 months.

Step 2 · The Director's Ratio

60.89%

The state's official measure of how far Mount Holly assessments sit below market value — republished every October, applied town-wide. A $385,000 home should be assessed near $234,427.

Step 3 · Assessed value

$91,000

Set at the last town-wide revaluation and mostly frozen since. That's $143,427 below what the ratio math suggests (61.2%).

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

$3.490 per $100 assessed

$1.984 Schools · 57% $0.536 County · 15% $0.970 Town · 28%

This home's own bill implies $3.468 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$3,156/yr
Public schools$1,794
Burlington County$485
Town of Mount Holly$877
Mount Holly average$5,980

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

Town median 53.6%
This home · 23.6%

17%85%

Keep quiet and enjoy it

This home's assessment ratio sits below the Mount Holly pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
137 HULME ST2025-11$350,0001,29343.1%
167 SOUTH AVE2026-04$345,0001,31454.7%
225 RUTLAND AVE2026-02$425,0001,89250.4%
7 TINKER DR2025-08$415,0001,34946.5%
200 FRONT ST2025-12$406,0001,44450.5%
60 RIDGLEY ST2025-07$303,0001,46361.9%
202 FRONT ST2025-05$380,0001,31447.9%
18 BONG TERR2025-11$255,0001,14080.4%
18 BONG TERR2025-09$198,0001,140103.6%
9 SUSSEX RD2025-11$400,0001,38050.1%
944 WOODLANE RD2025-07$405,0001,60258.9%
936 WOODLANE RD2025-08$385,0001,36054.9%

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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 →