The Fair Share Report

9 Hampton 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

≈ $511,575

Likely range $377,985 – $562,586, 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 $511,575 home should be assessed near $307,150.

Step 3 · Assessed value

$271,300

Set at the last town-wide revaluation and mostly frozen since. That's $35,850 below what the ratio math suggests (11.7%).

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

$9,118/yr
Public schools$6,144
Burlington County$1,443
Town of Mount Laurel$1,531
Mount Laurel average$7,506

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

Town median 48.4%
This home · 53.0%

36%77%

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
21 LAVISTER DR2026-01$410,0001,89456.8%
18 SOUTHGATE RD2025-01$440,0001,91350.3%
6 W OLEANDER DR2025-09$515,0001,93644.1%
5 CHRISTOPHER MILLS DR2026-05$534,0001,82652.8%
27 GARDENIA DR2026-02$395,0001,94658.0%
27 GARDENIA DR2026-01$297,0001,94677.2%
5 HAMPTON CT2025-12$580,0002,04849.8%
34 E OLEANDER DR2025-04$390,0001,84549.2%
14 VASSAR RD2025-07$600,0001,94753.4%
737 CASCADE DR NORTH2025-07$520,0001,97549.5%
204 STRATTON CT2025-11$385,0001,94454.3%
4 HARTZEL CT2025-06$720,0002,10845.6%

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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 →