The Fair Share Report

148 Kettle Run Rd

Evesham, NJ 08053

The town adjusts for market price changes once a year — but only based on the average price change of all homes in the area. This report checks whether this house's assessment kept pace.

A touch high — but not appeal-worthy

Above most of Evesham, but below NJ's legal appeal line (70.13%), where a case becomes winnable.

Step 1 · Market value

≈ $317,228

Likely range $293,383 – $355,374, 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 $317,228 home should be assessed near $193,446.

Step 3 · Assessed value

$220,400

Set at the last town-wide revaluation and mostly frozen since. That's $26,954 above what the ratio math suggests (13.9%).

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

$7,631/yr
Public schools$5,159
Burlington County$1,156
Town of Evesham$1,316
Evesham average$9,431

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

Town median 53.4%
This home · 69.5%

39%81%

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

AddressSoldPriceSq ftRatio
171 WOODLAKE DRIVE2025-10$334,0001,35456.5%
1202 CHESTERWOOD COURT2025-04$335,0001,36153.4%
24 WOODLAKE DRIVE2025-06$360,0001,31445.8%
4 PROVINCETOWN DRIVE2025-10$250,0001,36968.8%
29 WOODLAKE DRIVE2025-11$375,0001,29751.8%
321 WOODLAKE DRIVE2025-07$290,0001,29760.3%
128 WOODLAKE DRIVE2025-05$305,0001,29744.3%
64 BRIDGEWATER DRIVE2025-06$251,0001,36968.5%
240 JAMES COURT2025-08$255,0001,16058.0%
501 STILLHOUSE LANE2025-09$310,0001,29054.5%
906 CHESTERWOOD COURT2026-03$327,5001,43554.7%
702 CHESTERWOOD COURT2025-06$308,0001,43558.8%

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