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.

Step 1 · Market value

≈ $550,054

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

57.82%

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

$295,400

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

$3.753 per $100 assessed

$2.641 Schools · 70% $0.564 County · 15% $0.549 Town · 15%

Step 5 · The bill

$11,089/yr
Public schools$7,802
Burlington County$1,666
Town of Medford$1,622
Medford average$12,430

This home vs. every recent Medford sale · assessed ÷ market

Town median 51.0%
This home · 53.7%

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)

AddressSoldPriceSq ftRatio
123 PINE VALLEY DRIVE2026-01$580,0002,42154.0%
22 SCHOOL HOUSE DRIVE2025-04$650,0002,36747.1%
26 TAUNTON ROAD2025-02$370,0002,22461.9%
196 SUNNY JIM DRIVE2025-11$470,0002,41366.4%
124 HEATH ROAD2025-07$625,0002,46250.2%
15 OHIO TRAIL2026-05$395,0002,38565.8%
14 PINE TRAIL2025-08$530,0002,13351.8%
103 PINE CONE TRAIL2025-08$615,0002,20446.9%
1 BLUE JAY WAY2025-04$540,0002,14453.0%
319 TAVISTOCK DRIVE2025-06$700,0002,45043.1%
127 BRACKEN ROAD2025-09$625,0002,01746.2%
9 HAWTHORNE DRIVE2025-07$425,0002,41067.6%

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Estimates from public records — NJ MOD-IV assessments, SR1A usable sales, and Treasury/DCA rate tables. Your house has a history. Write the next chapter on Plotline →