The Fair Share Report

119 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

≈ $701,858

Likely range $630,734 – $802,519, 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 $701,858 home should be assessed near $427,993.

Step 3 · Assessed value

$377,400

Set at the last town-wide revaluation and mostly frozen since. That's $50,593 below what the ratio math suggests (11.8%).

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

$13,922/yr
Public schools$9,412
Burlington County$2,110
Town of Evesham$2,400
Evesham average$9,431

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

Town median 53.4%
This home · 53.8%

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
29 DOMINION DRIVE2025-07$785,0002,78751.2%
15 QUAKER STREET2025-09$595,0002,70554.2%
8 DOMINION DRIVE2026-04$800,0002,66748.0%
31 ORCHARD LANE2025-08$522,5002,51357.4%
19 LURAY LANE2025-07$695,0002,74948.2%
108 MEADOWVIEW CIRCLE2025-11$750,0002,90440.8%
5 HASTINGS COURT2026-03$620,0002,67454.6%
7 ABBOTSFORD DRIVE2026-04$742,5002,58952.8%
11 ABBOTSFORD DRIVE2025-03$767,1002,58953.3%
11 COATSBRIDGE DRIVE2025-01$740,0002,58953.8%
160 COUNTRY FARMS ROAD2026-05$750,0002,81142.0%
6 PRINCE ANDREW COURT2025-08$650,0002,55749.7%

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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 →