The Fair Share Report

948 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.

Step 1 · Market value

≈ $294,196

Likely range $278,057 – $325,973, from 12 comparable Burlington sales in the past 18 months, at this home's 1,682 sq ft.

Step 2 · The Director's Ratio

63.18%

The state's official measure of how far Burlington assessments sit below market value — republished every October, applied town-wide. A $294,196 home should be assessed near $185,873.

Step 3 · Assessed value

$148,800

Set at the last town-wide revaluation and mostly frozen since. That's $37,073 below what the ratio math suggests (19.9%).

Step 4 · The tax rate — same for every Burlington home

$4.440 per $100 assessed

$2.369 Schools · 53% $0.517 County · 12% $1.555 Town · 35%

Step 5 · The bill

$6,608/yr
Public schools$3,525
Burlington County$769
Town of Burlington$2,314
Burlington average$6,215

This home vs. every recent Burlington sale · assessed ÷ market

Town median 51.7%
This home · 50.6%

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)

AddressSoldPriceSq ftRatio
422 FLANDERS RD2025-09$213,6031,66465.8%
416 FLANDERS RD2025-09$286,5001,63842.8%
710 ROUTE 130(CAMDEN AVE)2025-11$265,0001,54353.3%
1004 ARMISTICE RD2025-05$249,0001,43060.5%
628 MOORLAND AVE2026-03$270,0001,87057.8%
813 MOUNT RD2026-03$285,0001,72464.0%
309 ELM AVE2025-02$381,4001,96854.1%
328 PINE ST2025-03$310,0001,49450.9%
289 GLENWOOD AVE2025-06$360,0001,80454.6%
134 FERNWOOD AVE2025-10$365,0001,75049.8%
417 HULME ST2025-04$260,0001,49446.0%
126 E SEVENTH ST2025-11$339,9001,89158.0%

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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 →