The Fair Share Report
17 Pine Rd
Medford, NJ 08055
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $538,309 – $706,413, from 12 comparable Medford 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 Medford assessments sit below market value — republished every October, applied town-wide. A $660,967 home should be assessed near $382,171.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $67,229 above what the ratio math suggests (17.6%).
Step 4 · The tax rate — same for every Medford home
$2.641 Schools · 70% $0.564 County · 15% $0.549 Town · 15%
Step 5 · The bill
This home vs. every recent Medford sale · assessed ÷ market
38%89%
A touch high — worth watching
This home's ratio sits above most of Medford, but doesn't clear NJ's legal appeal line (66.49%).
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 263 HOPEWELL ROAD | 2025-07 | $425,000 | 2,699 | 72.0% |
| 18 TOMAHAWK COURT | 2026-03 | $550,000 | 2,702 | 62.8% |
| 78 N LAKESIDE DRIVE W | 2026-02 | $705,000 | 2,870 | 44.5% |
| 20 ELM DRIVE | 2026-01 | $605,000 | 2,626 | 41.7% |
| 5 ELM COURT | 2025-07 | $720,000 | 2,584 | 52.5% |
| 282 HOPEWELL ROAD | 2025-02 | $518,000 | 2,606 | 54.7% |
| 77 WIGWAM COURT | 2026-02 | $575,000 | 2,660 | 59.2% |
| 248 SUNNY JIM DRIVE | 2025-04 | $465,000 | 2,640 | 70.7% |
| 13 OREGON TRAIL | 2025-03 | $647,000 | 2,527 | 45.6% |
| 14 GOLFVIEW DRIVE | 2026-01 | $675,000 | 2,766 | 46.3% |
| 7 PONTIAC DRIVE | 2026-02 | $840,000 | 2,761 | 52.6% |
| 5 GEORGIA TRAIL | 2025-02 | $560,000 | 2,506 | 60.6% |
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