The Fair Share Report

239 W Evesham Rd

Runnemede, NJ 08078

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

≈ $286,410

Likely range $230,151 – $308,957, from 12 comparable Runnemede sales in the past 18 months, at this home's 1,117 sq ft.

Step 2 · The Director's Ratio

54.95%

The state's official measure of how far Runnemede assessments sit below market value — republished every October, applied town-wide. A $286,410 home should be assessed near $157,382.

Step 3 · Assessed value

$148,300

Set at the last town-wide revaluation and mostly frozen since. That's $9,082 below what the ratio math suggests (5.8%).

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

$4.780 per $100 assessed

$2.421 Schools · 51% $0.953 County · 20% $1.406 Town · 29%

Step 5 · The bill

$7,090/yr
Public schools$3,591
Camden County$1,414
Town of Runnemede$2,086
Runnemede average$7,136

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

Town median 46.0%
This home · 51.8%

33%70%

Paying about right

This home's ratio lands inside Runnemede'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
117 PINE AVE2025-05$295,0001,11837.3%
120 E 4TH AVE2026-06$280,00098540.6%
1042 CENTRAL AVE2026-05$280,0001,12041.2%
327 BOWERS AVE2025-05$265,0001,19844.1%
37 W 5TH AVE2025-12$320,0001,24843.1%
101 SINGLEY AVE2025-11$227,5001,37640.4%
769 W 3RD AVE2025-10$340,0001,12043.0%
29 W CLEMENT BRIDGE RD2025-04$150,0001,27294.1%
50 FERNDALE2025-06$271,0001,13057.7%
600 CENTRAL AVE2025-07$285,0001,10445.4%
97 N READ AVE2026-06$225,0001,09261.2%
242 SUNSET RD2025-04$260,00094037.6%

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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 →