The Fair Share Report
954 Easter Rd
Burlington, NJ 08016
The town adjusts for market price changes once a year — but only based on the average price change of all homes in the area. This report checks whether this house's assessment kept pace.
This home's payments are about right
It sits inside Burlington's normal range — market price changes haven't singled it out. No case for a tax appeal.
Step 1 · Market value
Likely range $257,348 – $323,785, 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 $286,332 home should be assessed near $180,905.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $32,005 below what the ratio math suggests (17.7%).
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%
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 1004 ARMISTICE RD | 2025-05 | $249,000 | 1,430 | 60.5% |
| 422 FLANDERS RD | 2025-09 | $213,603 | 1,664 | 65.8% |
| 710 ROUTE 130(CAMDEN AVE) | 2025-11 | $265,000 | 1,543 | 53.3% |
| 417 HULME ST | 2025-04 | $260,000 | 1,494 | 46.0% |
| 815 TEMPLE AVE | 2025-12 | $285,000 | 1,498 | 68.9% |
| 127 GREENWOOD AVE | 2025-04 | $340,000 | 1,400 | 50.9% |
| 677 ELLA AVE | 2025-08 | $289,000 | 1,365 | 46.8% |
| 328 PINE ST | 2025-03 | $310,000 | 1,494 | 50.9% |
| 144 FARNER AVE | 2026-04 | $240,000 | 1,404 | 65.8% |
| 134 JUNIPER ST | 2025-11 | $335,000 | 1,280 | 47.2% |
| 11 E SEVENTH ST | 2025-02 | $290,000 | 1,526 | 64.5% |
| 1015 WALNUT ST | 2025-05 | $275,000 | 1,404 | 63.3% |
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