The Fair Share Report
217 Colony Ln
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $237,414 – $271,211, from 12 comparable Evesham sales in the past 18 months, at this home's 1,080 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Evesham assessments sit below market value — republished every October, applied town-wide. A $249,851 home should be assessed near $152,359.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $58,641 above what the ratio math suggests (38.5%).
Step 4 · The tax rate — same for every Evesham home
$2.333 Schools · 68% $0.523 County · 15% $0.595 Town · 17%
Step 5 · The bill
This home vs. every recent Evesham sale · assessed ÷ market
39%94%
Looks meaningfully over-assessed
Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (70.13%) — roughly $2,024/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 39 DUCHESS AVENUE | 2025-09 | $420,000 | 1,069 | 46.4% |
| 23 KING AVENUE | 2025-08 | $230,000 | 1,069 | 78.5% |
| 223 JAMES COURT | 2026-01 | $249,000 | 1,115 | 59.3% |
| 237 JAMES COURT | 2025-08 | $275,000 | 1,115 | 41.8% |
| 53 BANNER COURT | 2025-02 | $280,000 | 1,115 | 52.9% |
| 20 ASHLEY COURT | 2025-04 | $261,000 | 1,136 | 42.1% |
| 42 ASHLEY COURT | 2025-03 | $295,000 | 1,136 | 52.9% |
| 69 BAKER BLVD | 2025-04 | $396,000 | 1,000 | 45.6% |
| 240 JAMES COURT | 2025-08 | $255,000 | 1,160 | 58.0% |
| 716 WOODHOLLOW DR | 2026-05 | $248,000 | 1,072 | 48.4% |
| 303 WOODHOLLOW DR | 2025-12 | $257,500 | 1,072 | 44.7% |
| 1704 WOODHOLLOW DR | 2025-12 | $269,000 | 1,072 | 44.6% |
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