The Fair Share Report
25 Wellesley Way
Evesham, NJ 08053
The town adjusts for market price changes once a year — but only based on the average price change of all homes in the area. This report checks whether this house's assessment kept pace.
This home's payments are about right
It sits inside Evesham's normal range — market price changes haven't singled it out. No case for a tax appeal.
Step 1 · Market value
Likely range $827,320 – $2,082,883, from 12 comparable Evesham sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Evesham assessments sit below market value — republished every October, applied town-wide. A $1,424,576 home should be assessed near $868,706.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $43,706 below what the ratio math suggests (5.0%).
Step 4 · The tax rate — same for every Evesham home
$2.333 Schools · 68% $0.523 County · 15% $0.595 Town · 17%
Step 5 · The bill
This home vs. every recent Evesham sale · assessed ÷ market
34%105%
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 385 NORTH LOCUST AVENUE | 2025-03 | $900,000 | 5,993 | 75.6% |
| 17 ELMWOOD ROAD SOUTH | 2025-04 | $950,000 | 6,270 | 79.8% |
| 7 ABERDEEN COURT | 2025-10 | $1,650,000 | 4,952 | 49.0% |
| 12 COUNTRY LAKES DRIVE | 2026-04 | $970,000 | 6,408 | 69.1% |
| 52 WELLESLEY WAY | 2025-02 | $1,200,000 | 3,309 | 56.0% |
| 38 COUNTRY SQUIRE LANE | 2025-05 | $859,000 | 3,807 | 63.6% |
| 17 ABERDEEN COURT | 2025-12 | $1,450,000 | 4,117 | 48.8% |
| 32 CARRINGTON WAY | 2025-08 | $1,060,000 | 3,600 | 59.1% |
| 16 PALOMINO DRIVE | 2025-08 | $935,000 | 3,516 | 58.3% |
| 42 SOUTH LOCUST AVENUE | 2025-11 | $607,000 | 4,725 | 83.7% |
| 32 MILFORD DRIVE | 2025-05 | $955,000 | 4,809 | 77.0% |
| 12 WASHINGTON DRIVE | 2025-06 | $862,500 | 3,626 | 62.4% |
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