The Fair Share Report

266 Chestnut Ave

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

≈ $551,002

Likely range $515,832 – $593,599, from 12 comparable Evesham sales in the past 18 months, at this home's 2,340 sq ft.

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 $551,002 home should be assessed near $336,001.

Step 3 · Assessed value

$347,600

Set at the last town-wide revaluation and mostly frozen since. That's $11,599 above what the ratio math suggests (3.5%).

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

$12,823/yr
Public schools$8,669
Burlington County$1,943
Town of Evesham$2,211
Evesham average$9,431

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

Town median 53.4%
This home · 63.1%

39%76%

A touch high — worth watching

This home's ratio sits above most of Evesham, but doesn't clear NJ's legal appeal line (70.13%).

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
219 DOCK ROAD2026-04$537,0002,34551.9%
254 CHESTNUT AVENUE2025-09$725,0002,23148.3%
37 GRAND BANKS CIRCLE2025-03$550,0002,19351.2%
61 GRAND BANKS CIRCLE2026-01$490,0002,16853.1%
605 BERKSHIRE WAY2025-07$360,0001,99262.3%
25 GRAND BANKS CIRCLE2026-03$470,0002,10956.5%
63 GRAND BANKS CIRCLE2025-09$535,0002,10949.6%
26 GRAND BANKS CIRCLE2025-06$500,0002,10953.1%
101 BERKSHIRE WAY2025-11$435,0001,99658.4%
406 BERKSHIRE WAY2026-05$415,0001,99241.0%
1005 ANDOVER COURT2026-01$440,0001,99656.3%
1003 ANDOVER COURT2025-08$470,0001,99650.2%

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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 →