The Fair Share Report

119 Hearthstone 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

≈ $504,421

Likely range $493,527 – $556,106, 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 $504,421 home should be assessed near $307,596.

Step 3 · Assessed value

$295,000

Set at the last town-wide revaluation and mostly frozen since. That's $12,596 below what the ratio math suggests (4.1%).

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

$10,883/yr
Public schools$7,357
Burlington County$1,649
Town of Evesham$1,876
Evesham average$9,431

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

Town median 53.4%
This home · 58.5%

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
37 GRAND BANKS CIRCLE2025-03$550,0002,19351.2%
61 GRAND BANKS CIRCLE2026-01$490,0002,16853.1%
38 ROSS WAY2025-10$505,0002,21659.6%
46 WEAVER DRIVE2025-05$604,0002,21651.0%
56 WEAVER DRIVE2025-12$590,0002,21653.2%
7 ROSS WAY2025-09$535,0002,21657.8%
16 ROSS WAY2025-08$472,0002,21663.8%
63 GRAND BANKS CIRCLE2025-09$535,0002,10949.6%
26 GRAND BANKS CIRCLE2025-06$500,0002,10953.1%
30 ROSS WAY2025-08$510,0002,21660.0%
10 TUDOR COURT2025-08$498,0002,18555.0%
25 GRAND BANKS CIRCLE2026-03$470,0002,10956.5%

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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 →