The Fair Share Report

8 Warner 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

≈ $319,769

Likely range $276,646 – $344,667, 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 $319,769 home should be assessed near $191,989.

Step 3 · Assessed value

$166,600

Set at the last town-wide revaluation and mostly frozen since. That's $25,389 below what the ratio math suggests (13.2%).

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

$5,599/yr
Public schools$3,773
Burlington County$886
Town of Mount Laurel$940
Mount Laurel average$7,506

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

Town median 48.4%
This home · 52.1%

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
3807A CHADBURY RD2025-10$350,0001,39142.3%
2720B SUSSEX CT2025-12$285,0001,39847.2%
2504B SUSSEX CT2025-06$270,0001,39848.9%
4204B FENWICK LA2025-11$320,0001,38445.2%
12 TACONIA CT2026-05$363,0001,35647.7%
5502B ADELAIDE DR2025-06$220,0001,36856.8%
210 AUGUSTA CIR2026-04$210,0001,33887.3%
4108B WATERPERRY CT2026-03$310,0001,33648.5%
208B SEDGEFIELD DR2026-01$315,0001,33647.1%
302B HARWOOD CT2025-12$318,0001,33648.1%
3402B RAMSBURY CT2025-08$305,0001,33649.3%
608B SEDGEFIELD DR2025-06$300,0001,33648.5%

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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 →