The Fair Share Report
15 Bridgewater 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.
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Step 1 · Market value
Likely range $343,028 – $470,182, from 12 comparable Evesham sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Evesham assessments sit below market value — republished every October, applied town-wide. A $381,634 home should be assessed near $232,720.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $70,020 below what the ratio math suggests (30.1%).
Step 4 · The tax rate — same for every Evesham home
$2.333 Schools · 68% $0.523 County · 15% $0.595 Town · 17%
Step 5 · The bill
This home vs. every recent Evesham sale · assessed ÷ market
29%76%
Keep quiet and enjoy it
This home's assessment ratio sits below the Evesham pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 903 MOUNT VERNON COURT | 2025-03 | $315,000 | 1,526 | 65.4% |
| 132 WAGONWHEEL COURT | 2025-07 | $380,000 | 1,524 | 60.0% |
| 179 CARLTON AVENUE | 2025-06 | $550,000 | 1,496 | 45.7% |
| 106 FIVE CROWN ROYAL | 2025-04 | $342,500 | 1,496 | 56.3% |
| 12 MAYVILLE LANE | 2025-09 | $450,000 | 1,528 | 52.2% |
| 13 CARLTON AVENUE | 2025-07 | $501,000 | 1,520 | 51.2% |
| 135 WOODLAKE DRIVE | 2025-07 | $335,000 | 1,464 | 55.9% |
| 26 AUGUSTA COURT | 2025-09 | $410,000 | 1,463 | 47.9% |
| 46 GOLF CLUB WAY | 2025-09 | $370,000 | 1,463 | 54.0% |
| 29 AUGUSTA COURT | 2025-04 | $410,000 | 1,463 | 51.8% |
| 11 CLARET COURT | 2026-04 | $439,900 | 1,448 | 49.3% |
| 60 TENBY LANE | 2025-04 | $506,000 | 1,548 | 55.0% |
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