The Fair Share Report
940 Easter Rd
Burlington, NJ 08016
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 $265,391 – $331,361, from 12 comparable Burlington 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 Burlington assessments sit below market value — republished every October, applied town-wide. A $283,876 home should be assessed near $179,353.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $17,453 below what the ratio math suggests (9.7%).
Step 4 · The tax rate — same for every Burlington home
$2.369 Schools · 53% $0.517 County · 12% $1.555 Town · 35%
Step 5 · The bill
This home vs. every recent Burlington sale · assessed ÷ market
35%82%
Paying about right
This home's ratio lands inside Burlington'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 |
|---|---|---|---|---|
| 416 FLANDERS RD | 2025-09 | $286,500 | 1,638 | 42.8% |
| 422 FLANDERS RD | 2025-09 | $213,603 | 1,664 | 65.8% |
| 710 ROUTE 130(CAMDEN AVE) | 2025-11 | $265,000 | 1,543 | 53.3% |
| 1004 ARMISTICE RD | 2025-05 | $249,000 | 1,430 | 60.5% |
| 328 PINE ST | 2025-03 | $310,000 | 1,494 | 50.9% |
| 417 HULME ST | 2025-04 | $260,000 | 1,494 | 46.0% |
| 628 MOORLAND AVE | 2026-03 | $270,000 | 1,870 | 57.8% |
| 1015 WALNUT ST | 2025-05 | $275,000 | 1,404 | 63.3% |
| 289 GLENWOOD AVE | 2025-06 | $360,000 | 1,804 | 54.6% |
| 932 WOODLAND AVE | 2025-08 | $235,000 | 1,632 | 64.1% |
| 955 EASTER RD | 2026-03 | $325,000 | 1,248 | 41.8% |
| 813 MOUNT RD | 2026-03 | $285,000 | 1,724 | 64.0% |
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