The Fair Share Report
2 Pendleton 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 $934,996 – $1,204,058, 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 $999,172 home should be assessed near $577,721.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $321 below what the ratio math suggests (0.1%).
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 |
|---|---|---|---|---|
| 1 PEPPERBUSH COURT | 2025-10 | $979,000 | 4,092 | 60.1% |
| 19 BROOKWOOD DRIVE | 2025-02 | $787,500 | 4,309 | 68.6% |
| 73 HIGHBRIDGE BLVD | 2026-04 | $1,250,000 | 4,248 | 47.8% |
| 37 HIGHBRIDGE BLVD | 2025-08 | $910,000 | 4,490 | 58.1% |
| 4 HADDINGTON WAY | 2026-05 | $1,340,000 | 4,239 | 55.9% |
| 108 CHRISTOPHER MILL RD | 2025-04 | $1,253,000 | 3,838 | 47.6% |
| 8 ELDERBERRY DRIVE | 2025-06 | $950,000 | 4,082 | 66.6% |
| 63 HIGHBRIDGE BLVD | 2025-05 | $880,000 | 3,574 | 56.5% |
| 19 BIG LOOK TRAIL | 2026-03 | $895,000 | 3,648 | 67.8% |
| 7 PEPPERBUSH COURT | 2025-02 | $999,999 | 4,222 | 56.6% |
| 17 BROOKWOOD DRIVE | 2025-05 | $1,190,000 | 4,486 | 57.1% |
| 19 LOWBRIDGE PASSAGE | 2025-04 | $1,290,000 | 4,459 | 56.2% |
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