The Fair Share Report

21 N Locust Ave

Evesham, NJ 08053

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

≈ $494,172

Likely range $431,497 – $533,614, from 12 comparable Evesham sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

60.98%

The state's official measure of how far Evesham assessments sit below market value — republished every October, applied town-wide. A $494,172 home should be assessed near $301,346.

Step 3 · Assessed value

$240,000

Set at the last town-wide revaluation and mostly frozen since. That's $61,346 below what the ratio math suggests (20.4%).

Step 4 · The tax rate — same for every Evesham home

$3.451 per $100 assessed

$2.333 Schools · 68% $0.523 County · 15% $0.595 Town · 17%

Step 5 · The bill

$8,854/yr
Public schools$5,985
Burlington County$1,342
Town of Evesham$1,526
Evesham average$9,431

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

Town median 53.4%
This home · 48.6%

39%76%

Paying about right

This home's ratio lands inside Evesham'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
224 TEAL LANE2026-03$530,0001,73049.2%
57 LONGHURST ROAD2026-02$485,0001,71255.2%
5 GRAYSON COURT2025-06$388,0001,76759.8%
14 PRINCESS AVENUE2025-12$425,0001,66457.5%
20 LONGHURST ROAD2026-04$527,0001,65646.6%
161 CARLTON AVENUE2025-10$501,0001,79253.5%
161 CARLTON AVENUE2025-04$499,9001,79253.6%
140 CARLTON AVENUE2026-05$570,0001,79443.7%
116 PEABODY LANE2025-06$520,0001,79447.5%
128 CAMBRIDGE AVENUE2025-07$310,0001,80685.8%
115 CONESTOGA DRIVE2025-06$520,0001,81248.1%
37 SPINNING WHEEL LANE2025-08$510,0001,62648.0%

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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 →