The Fair Share Report
2 Pinecrest Dr
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 $718,583 – $953,639, 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 $814,621 home should be assessed near $471,014.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $45,314 below what the ratio math suggests (9.6%).
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%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 |
|---|---|---|---|---|
| 39 GLEN LAKE DRIVE | 2025-06 | $765,000 | 2,915 | 51.4% |
| 13 POINTE VIEW DRIVE | 2025-05 | $875,000 | 3,035 | 45.6% |
| 555 MCKENDIMEN ROAD | 2025-12 | $910,000 | 3,616 | 58.9% |
| 3 GRAND COACH COURT | 2025-09 | $592,000 | 3,089 | 59.4% |
| 14 GLEN LAKE DRIVE | 2025-12 | $695,000 | 2,815 | 55.8% |
| 3 ALDWORTH COURT | 2025-10 | $535,000 | 3,134 | 77.9% |
| 7 YARDLEY DRIVE | 2025-06 | $700,000 | 2,990 | 51.7% |
| 12 HERON COURT | 2025-06 | $830,000 | 3,099 | 53.6% |
| 11 HADLEY DRIVE | 2025-06 | $875,000 | 3,017 | 46.0% |
| 8 SAW MILL ROAD | 2025-06 | $921,600 | 2,585 | 50.9% |
| 565 MCKENDIMEN ROAD | 2025-09 | $665,000 | 2,938 | 53.3% |
| 26 GLEN LAKE DRIVE | 2026-02 | $689,900 | 2,910 | 51.3% |
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