The Fair Share Report

1 Pendleton Ct

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.

Step 1 · Market value

≈ $981,934

Likely range $914,021 – $1,135,534, from 12 comparable Medford sales in the past 18 months, at this home's 3,859 sq ft.

Step 2 · The Director's Ratio

57.82%

The state's official measure of how far Medford assessments sit below market value — republished every October, applied town-wide. A $981,934 home should be assessed near $567,754.

Step 3 · Assessed value

$575,500

Set at the last town-wide revaluation and mostly frozen since. That's $7,746 above what the ratio math suggests (1.4%).

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

$3.753 per $100 assessed

$2.641 Schools · 70% $0.564 County · 15% $0.549 Town · 15%

Step 5 · The bill

$21,604/yr
Public schools$15,199
Burlington County$3,246
Town of Medford$3,159
Medford average$12,430

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

Town median 51.0%
This home · 58.6%

38%72%

Paying about right

This home's ratio lands inside Medford'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
108 CHRISTOPHER MILL RD2025-04$1,253,0003,83847.6%
63 HIGHBRIDGE BLVD2025-05$880,0003,57456.5%
19 BIG LOOK TRAIL2026-03$895,0003,64867.8%
1 PEPPERBUSH COURT2025-10$979,0004,09260.1%
19 BROOKWOOD DRIVE2025-02$787,5004,30968.6%
73 HIGHBRIDGE BLVD2026-04$1,250,0004,24847.8%
37 HIGHBRIDGE BLVD2025-08$910,0004,49058.1%
4 HADDINGTON WAY2026-05$1,340,0004,23955.9%
8 ELDERBERRY DRIVE2025-06$950,0004,08266.6%
7 PEPPERBUSH COURT2025-02$999,9994,22256.6%
7 ELM COURT2025-07$1,581,0003,67339.0%
17 BROOKWOOD DRIVE2025-05$1,190,0004,48657.1%

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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 →