The Fair Share Report

10 Everett Dr

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

≈ $643,725

Likely range $559,632 – $663,677, from 12 comparable Medford sales in the past 18 months (home size estimated from assessor data — range widened).

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 $643,725 home should be assessed near $372,202.

Step 3 · Assessed value

$342,100

Set at the last town-wide revaluation and mostly frozen since. That's $30,102 below what the ratio math suggests (8.1%).

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

$12,842/yr
Public schools$9,035
Burlington County$1,929
Town of Medford$1,878
Medford average$12,430

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

Town median 51.0%
This home · 53.1%

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
3 SAXONY COURT2025-02$660,0002,64346.8%
12 DICKSON DRIVE2025-12$650,0002,66849.9%
4 SHERWOOD DRIVE2025-11$638,0002,63846.4%
27 LITTLE JOHN DRIVE2026-02$670,0002,75445.3%
12 FOXWOOD LANE2025-08$650,0002,69653.7%
5 WOODS EDGE COURT2025-10$430,0002,59361.3%
248 SUNNY JIM DRIVE2025-04$465,0002,64070.7%
77 WIGWAM COURT2026-02$575,0002,66059.2%
14 GOLFVIEW DRIVE2026-01$675,0002,76646.3%
100 TALLOWOOD DRIVE2026-04$620,0002,41053.5%
22 COVENGER DRIVE2025-02$660,0002,72951.7%
506 FAIRVIEW ROAD2026-04$615,0002,49652.3%

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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 →