The Fair Share Report

117 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

≈ $482,351

Likely range $396,848 – $611,962, 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 $482,351 home should be assessed near $294,138.

Step 3 · Assessed value

$257,100

Set at the last town-wide revaluation and mostly frozen since. That's $37,038 below what the ratio math suggests (12.6%).

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

$9,484/yr
Public schools$6,412
Burlington County$1,437
Town of Evesham$1,635
Evesham average$9,431

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

Town median 53.4%
This home · 53.3%

37%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
47 BON AIR DRIVE2025-12$605,0001,86852.9%
5 PRINCE CHARLES COURT2025-09$484,5001,86454.9%
35 EUSTON ROAD WEST2025-11$496,0001,92656.1%
29 APPLE WAY2025-01$355,0001,79782.7%
52 YALE ROAD2025-06$625,0001,92648.2%
605 BERKSHIRE WAY2025-07$360,0001,99262.3%
35 GREENBROOK DRIVE2025-12$550,0001,78444.2%
222 WOODBINE DRIVE2025-08$640,0001,79843.2%
123 WYNDMERE ROAD2026-01$430,0001,90258.4%
17 PALMETTO AVENUE2026-05$590,0001,85844.4%
11 CONCORD ROAD2025-10$425,0001,85857.5%
7 CONCORD ROAD2025-08$465,0001,85852.3%

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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 →