The invention relates to the technical field of sludge resource technology, in particular to a technology which uses aerobic biological-physical-chemical jointed rapid fermentation technology to treat the urban living sludge resources; municipal sludge, mushroom dregs and green garbage are mixed based on a proper proportion; then an appropriate amount of quicklime is added to the mixture for fermentation through the aerobic biological-physical-chemical jointed technology; the fermentated product is screened and sorted to form the refined organic fertilizer. The technology can make fast treatment to three waste resources including the municipal sludge, the urban green garbage and the mushroom dregs; the technology can also adjust the material proportion of the mixture based on the nutritional characteristics of various gardens and fruit trees, as well as the resource conditions in different areas, so that the obtained organic fertilizer can achieve best effect. The organic fertilizer has full nutrients, good fertilizer efficiency, long fertilizer effect period and high utilization rate, which has the functions of improving the soil activity, resisting drought, saving water, preventing disease and improving crop yield and quality so as to eventually reduce the municipal sewage sludge and realize harmless treatment to the municipal sewage sludge resource.