The Fair Share Report
1 Bluff View
Medford, NJ 08055
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 $965,230 – $1,110,343, from 12 comparable Medford sales in the past 18 months, at this home's 4,173 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Medford assessments sit below market value — republished every October, applied town-wide. A $988,393 home should be assessed near $571,489.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $264,011 above what the ratio math suggests (46.2%).
Step 4 · The tax rate — same for every Medford home
$2.641 Schools · 70% $0.564 County · 15% $0.549 Town · 15%
Step 5 · The bill
This home vs. every recent Medford sale · assessed ÷ market
38%92%
Looks meaningfully over-assessed
Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (66.49%) — roughly $9,908/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 9 WATERLILY COURT | 2025-05 | $945,000 | 4,306 | 62.4% |
| 5 TYLER COURT | 2025-11 | $999,000 | 4,319 | 59.1% |
| 12 WILDERNESS DRIVE | 2025-06 | $950,000 | 4,064 | 58.6% |
| 8 ELDERBERRY DRIVE | 2025-06 | $950,000 | 4,082 | 66.6% |
| 4 HADDINGTON WAY | 2026-05 | $1,340,000 | 4,239 | 55.9% |
| 12 WILDERNESS DRIVE | 2026-02 | $925,000 | 3,672 | 60.1% |
| 19 LOWBRIDGE PASSAGE | 2025-04 | $1,290,000 | 4,459 | 56.2% |
| 37 HIGHBRIDGE BLVD | 2025-08 | $910,000 | 4,490 | 58.1% |
| 3 WOODSFIELD COURT | 2025-03 | $1,175,000 | 4,416 | 55.6% |
| 19 BROOKWOOD DRIVE | 2025-02 | $787,500 | 4,309 | 68.6% |
| 73 HIGHBRIDGE BLVD | 2026-04 | $1,250,000 | 4,248 | 47.8% |
| 1 PEPPERBUSH COURT | 2025-10 | $979,000 | 4,092 | 60.1% |
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