The Fair Share Report

9 Pine 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.

Step 1 · Market value

≈ $387,070

Likely range $258,175 – $415,339, 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 $387,070 home should be assessed near $232,397.

Step 3 · Assessed value

$173,100

Set at the last town-wide revaluation and mostly frozen since. That's $59,297 below what the ratio math suggests (25.5%).

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

$5,818/yr
Public schools$3,920
Burlington County$921
Town of Mount Laurel$977
Mount Laurel average$7,506

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

Town median 48.4%
This home · 44.7%

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
100 RANCOCAS BLVD2026-01$380,0001,27247.6%
159 WAVERLY AVE2026-03$270,0001,40278.1%
623 S CHURCH ST2025-05$275,0001,38163.9%
102 WAVERLY AVE2025-11$457,0001,49044.4%
107 HARTFORD RD2025-12$390,0001,30946.6%
432 HEMLOCK LA2025-12$360,0001,40450.9%
313 MAPLE RD2025-08$400,0001,33055.5%
19 OREGON AVE2025-04$397,5001,32841.0%
12 OREGON AVE2025-10$346,0001,23040.8%
27 BEAVER AVE2025-06$350,0001,24250.4%
822 CENTERTON RD2025-08$240,0001,22047.8%
822 CENTERTON RD2025-08$167,0001,22068.7%

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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 →