The Fair Share Report

117 Lowell Dr

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

≈ $401,402

Likely range $375,690 – $409,171, 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 $401,402 home should be assessed near $244,775.

Step 3 · Assessed value

$259,000

Set at the last town-wide revaluation and mostly frozen since. That's $14,225 above what the ratio math suggests (5.8%).

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

$9,305/yr
Public schools$6,290
Burlington County$1,410
Town of Evesham$1,604
Evesham average$9,431

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

Town median 53.4%
This home · 64.5%

39%76%

A touch high — worth watching

This home's ratio sits above most of Evesham, but doesn't clear NJ's legal appeal line (70.13%).

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

AddressSoldPriceSq ftRatio
5903 BALTIMORE DRIVE2026-05$375,0001,68860.9%
5304 BALTIMORE DRIVE2025-09$352,0001,68856.8%
5901 BALTIMORE DRIVE2025-03$375,0001,68861.5%
58 MORNING GLORY DRIVE2025-07$580,0001,96448.1%
1704 DELANCEY WAY2026-04$380,0001,68861.9%
2208 DELANCEY WAY2026-03$360,0001,68863.4%
1208 DELANCEY WAY2025-06$363,0001,68862.5%
3705 BUXMONT ROAD2025-05$365,0001,68862.4%
17 ALCOTT WAY2025-06$600,0001,85450.3%
6401 BALTIMORE DRIVE2026-02$360,0001,62651.4%
5703 BALTIMORE DRIVE2025-08$340,0001,62666.1%
4204 BUXMONT ROAD2025-03$337,0001,62666.2%

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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 →