The Fair Share Report

111 Spring Ave

Evesham, NJ 08053

The town adjusts for market price changes once a year — but only based on the average price change of all homes in the area. This report checks whether this house's assessment kept pace.

This home's payments are about right

It sits inside Evesham's normal range — market price changes haven't singled it out. No case for a tax appeal.

Step 1 · Market value

≈ $494,065

Likely range $395,881 – $540,443, 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 $494,065 home should be assessed near $301,281.

Step 3 · Assessed value

$249,600

Set at the last town-wide revaluation and mostly frozen since. That's $51,681 below what the ratio math suggests (17.2%).

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

$9,208/yr
Public schools$6,225
Burlington County$1,395
Town of Evesham$1,588
Evesham average$9,431

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

Town median 53.4%
This home · 50.5%

39%76%

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
312 WALNUT AVENUE2025-08$400,0001,76464.4%
231 LAKE SHORE DRIVE2025-03$700,0001,97052.4%
5 GRAYSON COURT2025-06$388,0001,76759.8%
238 PARK AVENUE2026-02$470,0001,58249.3%
9 CANDLEWOOD CIRCLE2026-05$470,0001,91255.3%
224 TEAL LANE2026-03$530,0001,73049.2%
806 WESTERLY DRIVE2025-12$390,0001,98060.8%
900 SARATOGA COURT2025-10$400,0001,70651.3%
115 CONESTOGA DRIVE2025-06$520,0001,81248.1%
20 LONGHURST ROAD2026-04$527,0001,65646.6%
25 LANCASTER DRIVE2025-09$540,0001,84845.8%
219 CONESTOGA DRIVE2025-12$450,0001,84256.1%

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