The Fair Share Report

114 Peabody 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

≈ $533,565

Likely range $490,631 – $570,424, 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 $533,565 home should be assessed near $325,368.

Step 3 · Assessed value

$300,800

Set at the last town-wide revaluation and mostly frozen since. That's $24,568 below what the ratio math suggests (7.6%).

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

$11,097/yr
Public schools$7,502
Burlington County$1,682
Town of Evesham$1,913
Evesham average$9,431

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

Town median 53.4%
This home · 56.4%

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
135 CARLTON AVENUE2025-05$531,1352,18651.6%
2 KILGOUR COURT2025-06$550,0002,23250.9%
32 JARRETT COURT2025-12$565,0002,14855.3%
511 PARLIAMENT ROAD2025-05$510,0002,22255.5%
37 GRAND BANKS CIRCLE2025-03$550,0002,19351.2%
300 WINDSOR LANE2026-03$510,0002,10549.2%
300 WINDSOR LANE2025-12$358,0002,10570.1%
217 GLENVIEW COURT2025-09$400,0002,13464.7%
61 GRAND BANKS CIRCLE2026-01$490,0002,16853.1%
7 QUAKER STREET2025-11$615,0002,34552.0%
17 DARTMOUTH COURT2025-05$490,0002,13648.0%
75 EUSTON ROAD SOUTH2025-10$531,0002,14255.4%

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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 →