The Fair Share Report

24 Pelham 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

≈ $416,721

Likely range $321,766 – $464,864, 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 $416,721 home should be assessed near $254,116.

Step 3 · Assessed value

$220,000

Set at the last town-wide revaluation and mostly frozen since. That's $34,116 below what the ratio math suggests (13.4%).

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

$8,116/yr
Public schools$5,487
Burlington County$1,230
Town of Evesham$1,399
Evesham average$9,431

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

Town median 53.4%
This home · 52.8%

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
53 APPLE WAY2025-10$468,0001,42255.1%
12 KINGSLEY AVENUE2025-05$435,0001,46450.4%
29 HEATHER DRIVE2025-01$495,0001,54444.6%
26 AUGUSTA COURT2025-09$410,0001,46347.9%
906 CHESTERWOOD COURT2026-03$327,5001,43554.7%
702 CHESTERWOOD COURT2025-06$308,0001,43558.8%
179 CARLTON AVENUE2025-06$550,0001,49645.7%
110 CONESTOGA DRIVE2025-11$475,0001,46648.5%
171 WOODLAKE DRIVE2025-10$334,0001,35456.5%
14 GLADSTONE ROAD2026-05$345,0001,46058.3%
1202 CHESTERWOOD COURT2025-04$335,0001,36153.4%
12 MAYVILLE LANE2025-09$450,0001,52852.2%

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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 →