The Fair Share Report
11 Pine Rd
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 $283,192 – $445,509, from 12 comparable Medford 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 Medford assessments sit below market value — republished every October, applied town-wide. A $415,109 home should be assessed near $240,016.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $51,384 above what the ratio math suggests (21.4%).
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%108%
A touch high — worth watching
This home's ratio sits above most of Medford, but doesn't clear NJ's legal appeal line (66.49%).
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 21 VERNETTA LANE | 2026-02 | $283,250 | 1,550 | 61.0% |
| 487 TUCKERTON ROAD | 2025-10 | $418,000 | 1,576 | 45.8% |
| 32 OHIO TRAIL | 2026-02 | $527,000 | 1,546 | 43.7% |
| 370 TUCKERTON ROAD | 2025-01 | $400,000 | 1,568 | 48.9% |
| 20 ONIONTOWN ROAD | 2025-03 | $444,700 | 1,583 | 49.5% |
| 147 SKEET ROAD | 2025-02 | $280,000 | 1,510 | 57.4% |
| 55 GEORGIA TRAIL | 2025-06 | $459,000 | 1,736 | 51.0% |
| 38 CHRISTOPHER MILL RD | 2026-03 | $300,000 | 1,811 | 74.3% |
| 16 DAKOTA TRAIL | 2025-09 | $425,000 | 1,758 | 50.0% |
| 497 TUCKERTON ROAD | 2025-06 | $495,000 | 1,818 | 46.6% |
| 1414 STOKES ROAD | 2026-01 | $600,000 | 1,990 | 47.8% |
| 24 MAINE TRAIL | 2025-05 | $572,000 | 1,766 | 44.2% |
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