The Fair Share Report

24 Lowell Dr

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

≈ $661,199

Likely range $617,679 – $681,998, 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 $661,199 home should be assessed near $403,199.

Step 3 · Assessed value

$339,000

Set at the last town-wide revaluation and mostly frozen since. That's $64,199 below what the ratio math suggests (15.9%).

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

$12,506/yr
Public schools$8,454
Burlington County$1,895
Town of Evesham$2,156
Evesham average$9,431

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

Town median 53.4%
This home · 51.3%

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
130 LOWELL DRIVE2025-07$675,0002,40147.3%
131 LOWELL DRIVE2025-04$675,0002,38947.7%
22 HUXLEY CIRCLE2025-02$510,0002,31762.2%
24 HUXLEY CIRCLE2025-06$680,0002,30546.3%
2 CLANCY COURT2025-03$740,0002,30242.3%
12 COLTS GAIT ROAD2025-06$670,0002,43650.8%
16 HIBISCUS DRIVE2025-12$652,5002,51648.0%
93 WEAVER DRIVE2025-01$535,0002,23860.0%
35 HUXLEY CIRCLE2026-03$705,0002,55846.7%
23 LOWELL DRIVE2026-05$731,0002,65645.4%
11 WEAVER DRIVE2025-07$520,0002,23861.0%
9 CLANCY COURT2025-07$701,0002,66847.8%

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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 →