The Fair Share Report

115 Colony Ct

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

≈ $387,339

Likely range $354,866 – $487,356, 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 $387,339 home should be assessed near $236,199.

Step 3 · Assessed value

$240,000

Set at the last town-wide revaluation and mostly frozen since. That's $3,801 above what the ratio math suggests (1.6%).

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

$8,854/yr
Public schools$5,985
Burlington County$1,342
Town of Evesham$1,526
Evesham average$9,431

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

Town median 53.4%
This home · 62.0%

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
238 PARK AVENUE2026-02$470,0001,58249.3%
229 POPLAR AVENUE2025-10$375,0001,42059.7%
312 WALNUT AVENUE2025-08$400,0001,76464.4%
37 SPINNING WHEEL LANE2025-08$510,0001,62648.0%
14 PRINCESS AVENUE2025-12$425,0001,66457.5%
329 WOODLAKE DRIVE2025-11$340,0001,59656.5%
361 WOODLAKE DRIVE2025-08$355,0001,59652.7%
224 TEAL LANE2026-03$530,0001,73049.2%
195 WOODLAKE DRIVE2026-03$347,0001,59653.1%
192 WOODLAKE DRIVE2025-03$364,7771,59651.3%
192 WOODLAKE DRIVE2025-01$263,5001,59671.0%
900 SARATOGA COURT2025-10$400,0001,70651.3%

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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 →