The Fair Share Report

22 Centennial Dr E

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

≈ $890,543

Likely range $838,404 – $1,008,224, 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 $890,543 home should be assessed near $514,912.

Step 3 · Assessed value

$517,800

Set at the last town-wide revaluation and mostly frozen since. That's $2,888 above what the ratio math suggests (0.6%).

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

$19,438/yr
Public schools$13,675
Burlington County$2,920
Town of Medford$2,843
Medford average$12,430

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

Town median 51.0%
This home · 58.1%

38%72%

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
1 HIDDEN CREEK COURT2026-01$999,0003,35259.8%
63 HIGHBRIDGE BLVD2025-05$880,0003,57456.5%
14 INDIAN TRAIL2025-05$850,0003,20858.4%
19 BIG LOOK TRAIL2026-03$895,0003,64867.8%
4 FALSE HEATHER WAY2025-07$875,0003,23154.0%
12 LOWBRIDGE PASSAGE2025-05$850,0003,01554.6%
2 WELLINGTON COURT2026-03$950,0003,11050.0%
108 CHRISTOPHER MILL RD2025-04$1,253,0003,83847.6%
10 BAYDON WAY2025-08$900,0003,53748.7%
3 ALDWORTH COURT2025-10$535,0003,13477.9%
320 MCKENDIMEN ROAD2025-05$900,0003,53453.5%
12 HERON COURT2025-06$830,0003,09953.6%

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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 →