The Fair Share Report

24 Merion Rd

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

≈ $560,557

Likely range $430,471 – $593,055, 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 $560,557 home should be assessed near $341,828.

Step 3 · Assessed value

$294,000

Set at the last town-wide revaluation and mostly frozen since. That's $47,828 below what the ratio math suggests (14.0%).

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

$10,846/yr
Public schools$7,332
Burlington County$1,644
Town of Evesham$1,870
Evesham average$9,431

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

Town median 53.4%
This home · 52.4%

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
3 EUSTACE COURT2025-08$600,0002,16249.0%
21 ERYNWOOD AVENUE2025-08$436,9002,16856.0%
2 BRIGHTON DRIVE2025-10$365,0002,12273.4%
10 KENNIBIE DRIVE2025-01$565,0002,16251.7%
2 ERYNWOOD AVENUE2025-08$572,0002,08454.2%
217 GLENVIEW COURT2025-09$400,0002,13464.7%
17 VALLEY FORGE COURT2026-04$570,0002,12250.4%
16 CHARTER OAK LANE2025-06$568,0002,12250.3%
134 MONMOUTH GREEN2025-05$535,0002,12255.6%
205 HAMILTON ROAD2025-07$523,0002,17249.9%
1 CHADWICK AVENUE2025-06$579,0002,00043.6%
4 BROWER COURT2026-03$500,0002,28157.0%

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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 →