The Fair Share Report
92 E 3rd St
Moorestown, NJ 08057
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 $391,152 – $541,272, from 12 comparable Moorestown 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 Moorestown assessments sit below market value — republished every October, applied town-wide. A $510,255 home should be assessed near $313,501.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $124,001 below what the ratio math suggests (39.6%).
Step 4 · The tax rate — same for every Moorestown home
$1.871 Schools · 67% $0.489 County · 17% $0.453 Town · 16%
Step 5 · The bill
This home vs. every recent Moorestown sale · assessed ÷ market
30%76%
Paying about right
This home's ratio lands inside Moorestown'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 |
|---|---|---|---|---|
| 86 E 3RD ST | 2025-06 | $289,898 | 1,188 | 47.7% |
| 84 E 3RD ST | 2025-06 | $360,000 | 1,188 | 45.9% |
| 15 CIRCLE DR | 2026-03 | $559,000 | 1,825 | 43.0% |
| 248 S CHURCH ST | 2025-05 | $240,000 | 1,702 | 67.6% |
| 633 E MAIN ST UNIT B7 | 2026-01 | $410,000 | 1,770 | 60.8% |
| 100 ERRICKSON AVE | 2025-10 | $428,875 | 1,911 | 41.5% |
| 21 PALMER DR | 2025-10 | $550,000 | 1,996 | 60.3% |
| 66 E 3RD ST | 2025-05 | $212,500 | 1,168 | 58.6% |
| 15 HOGAN WAY | 2026-03 | $615,000 | 2,041 | 52.3% |
| 7 PALMER DR | 2025-05 | $608,000 | 2,041 | 51.9% |
| 18 PALMER DR | 2025-03 | $590,000 | 2,041 | 56.3% |
| 8 WEST CLOSE | 2025-05 | $420,000 | 1,716 | 51.5% |
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