The Fair Share Report

111 Old Colony Ln

Evesham, NJ 08053

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

≈ $600,299

Likely range $509,928 – $645,580, from 12 comparable Evesham sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

60.98%

The state's official measure of how far Evesham assessments sit below market value — republished every October, applied town-wide. A $600,299 home should be assessed near $366,062.

Step 3 · Assessed value

$336,000

Set at the last town-wide revaluation and mostly frozen since. That's $30,062 below what the ratio math suggests (8.2%).

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

$3.451 per $100 assessed

$2.333 Schools · 68% $0.523 County · 15% $0.595 Town · 17%

Step 5 · The bill

$12,395/yr
Public schools$8,379
Burlington County$1,878
Town of Evesham$2,137
Evesham average$9,431

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

Town median 53.4%
This home · 56.0%

39%76%

Paying about right

This home's ratio lands inside Evesham'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
67 CARLTON AVENUE2025-10$675,0002,41241.8%
18 HOLMES LANE2026-04$563,0002,32851.4%
205 HAMILTON ROAD2025-07$523,0002,17249.9%
233 HAMILTON ROAD2025-06$601,3992,37950.0%
130 TARA TERRACE2025-04$620,0002,45746.3%
4 BROWER COURT2026-03$500,0002,28157.0%
17 VALLEY FORGE COURT2026-04$570,0002,12250.4%
16 CHARTER OAK LANE2025-06$568,0002,12250.3%
134 MONMOUTH GREEN2025-05$535,0002,12255.6%
115 OLD COLONY LANE2025-08$520,0002,29053.5%
100 OLD COLONY LANE2025-12$590,0002,08448.4%
100 OLD COLONY LANE2025-08$435,0002,08465.6%

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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 →