The Fair Share Report
855 Centerton 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $274,831 – $376,212, 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
The state's official measure of how far Mount Laurel assessments sit below market value — republished every October, applied town-wide. A $324,465 home should be assessed near $194,809.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $48,309 below what the ratio math suggests (24.8%).
Step 4 · The tax rate — same for every Mount Laurel home
$2.107 Schools · 67% $0.495 County · 16% $0.525 Town · 17%
Step 5 · The bill
This home vs. every recent Mount Laurel sale · assessed ÷ market
33%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 404 HEMLOCK LA | 2025-05 | $405,000 | 1,114 | 43.8% |
| 351 POPLAR RD | 2025-09 | $333,000 | 1,116 | 56.2% |
| 29 GRANITE AVE | 2025-09 | $225,000 | 1,053 | 70.4% |
| 308 TIMBERLINE DR | 2025-02 | $299,411 | 1,186 | 55.3% |
| 300 TIMBERLINE DR | 2025-12 | $405,000 | 1,187 | 42.8% |
| 21 BEAVER AVE | 2026-01 | $375,500 | 1,164 | 43.9% |
| 336 LARCH RD | 2025-05 | $172,500 | 1,137 | 89.5% |
| 408 TIMBERLINE DR | 2025-11 | $346,500 | 936 | 44.0% |
| 310 TIMBERLINE DR | 2025-10 | $350,100 | 936 | 48.1% |
| 332 MAPLE RD | 2025-03 | $400,000 | 1,268 | 43.5% |
| 25 EAST BLUEBELL LA | 2025-08 | $283,000 | 1,092 | 39.6% |
| 27 BEAVER AVE | 2025-06 | $350,000 | 1,242 | 50.4% |
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