The Fair Share Report
205 E Evesham Rd
Runnemede, NJ 08078
The town adjusts for market price changes once a year — but only based on the average price change of all homes in the area. This report checks whether this house's assessment kept pace.
This home's payments are about right
It sits inside Runnemede's normal range — market price changes haven't singled it out. No case for a tax appeal.
Step 1 · Market value
Likely range $265,457 – $365,484, from 12 comparable Runnemede 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 Runnemede assessments sit below market value — republished every October, applied town-wide. A $324,945 home should be assessed near $178,557.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $23,257 below what the ratio math suggests (13.0%).
Step 4 · The tax rate — same for every Runnemede home
$2.421 Schools · 51% $0.953 County · 20% $1.406 Town · 29%
Step 5 · The bill
This home vs. every recent Runnemede sale · assessed ÷ market
33%70%
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 30 ST CHARLES PL | 2026-05 | $330,000 | 1,599 | 46.0% |
| 534 BLANCHARD AVE | 2026-05 | $362,500 | 1,585 | 42.4% |
| 534 BLANCHARD AVE | 2025-08 | $200,000 | 1,585 | 76.8% |
| 328 UNION AVE | 2025-06 | $330,000 | 1,632 | 48.8% |
| 120 LINDSEY AVE | 2025-07 | $295,000 | 1,560 | 53.4% |
| 664 ANDREA RD | 2026-04 | $215,000 | 1,632 | 71.9% |
| 112 LINDSEY AVE | 2026-04 | $344,000 | 1,535 | 42.5% |
| 525 W EVESHAM RD | 2026-01 | $283,000 | 1,664 | 50.7% |
| 115 LINDSEY AVE | 2025-11 | $370,000 | 1,500 | 39.5% |
| 524 HIRSCH AVE | 2026-03 | $336,000 | 1,600 | 50.8% |
| 420 W 3RD AVE | 2025-08 | $396,000 | 1,524 | 39.1% |
| 420 W 3RD AVE | 2025-03 | $230,000 | 1,524 | 67.4% |
Is this your house?
Run your own report →