The Fair Share Report
2 Wolf Ave
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 $429,522 – $644,340, 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 $550,054 home should be assessed near $318,041.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $22,641 below what the ratio math suggests (7.1%).
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%74%
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 |
|---|---|---|---|---|
| 123 PINE VALLEY DRIVE | 2026-01 | $580,000 | 2,421 | 54.0% |
| 22 SCHOOL HOUSE DRIVE | 2025-04 | $650,000 | 2,367 | 47.1% |
| 26 TAUNTON ROAD | 2025-02 | $370,000 | 2,224 | 61.9% |
| 196 SUNNY JIM DRIVE | 2025-11 | $470,000 | 2,413 | 66.4% |
| 124 HEATH ROAD | 2025-07 | $625,000 | 2,462 | 50.2% |
| 15 OHIO TRAIL | 2026-05 | $395,000 | 2,385 | 65.8% |
| 14 PINE TRAIL | 2025-08 | $530,000 | 2,133 | 51.8% |
| 103 PINE CONE TRAIL | 2025-08 | $615,000 | 2,204 | 46.9% |
| 1 BLUE JAY WAY | 2025-04 | $540,000 | 2,144 | 53.0% |
| 319 TAVISTOCK DRIVE | 2025-06 | $700,000 | 2,450 | 43.1% |
| 127 BRACKEN ROAD | 2025-09 | $625,000 | 2,017 | 46.2% |
| 9 HAWTHORNE DRIVE | 2025-07 | $425,000 | 2,410 | 67.6% |
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