The Fair Share Report

9 Rushwick 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

≈ $396,582

Likely range $377,361 – $421,385, from 12 comparable Mount Laurel sales in the past 18 months, at this home's 1,716 sq ft.

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 $396,582 home should be assessed near $238,108.

Step 3 · Assessed value

$282,000

Set at the last town-wide revaluation and mostly frozen since. That's $43,892 above what the ratio math suggests (18.4%).

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

$9,478/yr
Public schools$6,386
Burlington County$1,500
Town of Mount Laurel$1,591
Mount Laurel average$7,506

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

Town median 48.4%
This home · 71.1%

36%80%

A touch high — worth watching

This home's ratio sits above most of Mount Laurel, but doesn't clear NJ's legal appeal line (69.05%).

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
323 GWYNEDD CT2025-04$380,0001,72843.8%
210 MARTINS WAY2026-03$399,9001,72850.2%
36 WHITECHAPEL DR2026-01$562,5001,71649.0%
111 STRATTON LA2026-02$415,0001,69045.7%
415 ACORN RD2026-05$490,0001,73945.2%
43 SADDLE DR2025-11$475,0001,77651.2%
125 SHARROW LA2026-05$380,0001,67247.6%
74 POPPY CT2025-12$397,5001,68045.4%
71 E PEACHTREE CT2025-01$355,0001,68050.4%
3906B CHADBURY RD2025-07$372,2731,64745.4%
1303 AUGUSTA CIR2025-08$342,0001,76457.1%
1404 AUGUSTA CIR2025-03$335,0001,76459.0%

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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 →