The Fair Share Report
81 Mill Rd
Burlington, NJ 08077
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $223,781 – $300,368, from 12 comparable Burlington sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Burlington assessments sit below market value — republished every October, applied town-wide. A $267,791 home should be assessed near $169,190.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $77,190 below what the ratio math suggests (45.6%).
Step 4 · The tax rate — same for every Burlington home
$2.369 Schools · 53% $0.517 County · 12% $1.555 Town · 35%
Step 5 · The bill
This home vs. every recent Burlington sale · assessed ÷ market
25%82%
Keep quiet and enjoy it
This home's assessment ratio sits below the Burlington 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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 918 MOUNT RD | 2025-12 | $308,000 | 1,110 | 37.6% |
| 33 MORRIS ST | 2026-03 | $199,000 | 1,252 | 63.5% |
| 831 SHADELAND AVE | 2025-07 | $299,000 | 1,188 | 45.4% |
| 932 MOUNT RD | 2026-01 | $335,000 | 1,200 | 43.7% |
| 929 MOUNT RD | 2026-05 | $322,500 | 1,127 | 39.4% |
| 413 HOLMES DR | 2025-12 | $285,000 | 986 | 39.1% |
| 820 MOUNT RD | 2026-02 | $325,000 | 1,186 | 43.0% |
| 920 MOORLAND AVE | 2025-09 | $299,000 | 1,248 | 47.8% |
| 802 BORDENTOWN RD | 2025-03 | $255,000 | 1,176 | 51.2% |
| 955 EASTER RD | 2026-03 | $325,000 | 1,248 | 41.8% |
| 306 GLENWOOD AVE | 2025-06 | $285,000 | 1,038 | 44.9% |
| 808 MOUNT RD | 2025-01 | $265,000 | 1,196 | 46.0% |
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