The Fair Share Report
882 Berkeley Pl
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 $496,619 – $618,994, 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 $556,205 home should be assessed near $333,945.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $28,845 below what the ratio math suggests (8.6%).
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
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 109 YORKTOWN DR | 2026-03 | $625,000 | 2,287 | 43.0% |
| 530 CHARLESTON CT | 2025-05 | $510,000 | 2,271 | 48.6% |
| 121 COBBLESTONE DR | 2025-06 | $580,000 | 2,340 | 44.9% |
| 108 HOLIDAY ST | 2025-06 | $590,000 | 2,340 | 47.0% |
| 886 LAFAYETTE DR | 2025-06 | $595,000 | 2,362 | 51.7% |
| 266 ST DAVID DR | 2025-08 | $560,000 | 2,362 | 57.0% |
| 330 ST CLAIR CT | 2025-01 | $560,000 | 2,362 | 53.5% |
| 206 RAMBLEWOOD PKY | 2026-01 | $420,000 | 2,255 | 53.2% |
| 195 RAMBLEWOOD PKY | 2025-12 | $625,000 | 2,255 | 43.8% |
| 115 BERKSHIRE DR | 2025-03 | $650,000 | 2,412 | 38.1% |
| 131 DORCHESTER RD | 2025-05 | $478,723 | 2,412 | 51.8% |
| 12 DEVONSHIRE RD | 2025-10 | $680,000 | 2,276 | 45.4% |
Is this your house?
Run your own report →