The Fair Share Report
2 Mitchell Ct
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 $627,210 – $804,893, 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 $727,205 home should be assessed near $420,470.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $71,970 below what the ratio math suggests (17.1%).
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%72%
Paying about right
This home's ratio lands inside Medford's normal band. The drift hasn't singled it out — no case for a tax appeal.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 4 MITCHELL COURT | 2025-06 | $750,000 | 2,654 | 51.0% |
| 26 HARLOW CIRCLE | 2025-08 | $745,000 | 2,382 | 52.0% |
| 38 MONTCLAIRE ROAD | 2025-06 | $695,000 | 2,774 | 48.8% |
| 47 LIVERPOOL WAY | 2025-06 | $865,000 | 2,699 | 48.2% |
| 27 LIVERPOOL WAY | 2025-08 | $715,000 | 2,519 | 54.8% |
| 30 KESWICK PATH | 2025-08 | $717,000 | 2,505 | 52.0% |
| 62 WESTMONT DRIVE | 2025-11 | $875,000 | 2,444 | 50.2% |
| 6 DERBY COURT | 2026-01 | $826,000 | 2,810 | 48.9% |
| 59 LIVERPOOL WAY | 2025-12 | $730,000 | 2,357 | 52.1% |
| 35 WRENTHAM DRIVE | 2025-11 | $580,000 | 2,602 | 53.3% |
| 8 LIVERPOOL WAY | 2025-04 | $780,000 | 2,745 | 51.7% |
| 32 BRATTLEBORO COURT | 2025-04 | $553,100 | 2,616 | 56.1% |
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