The Fair Share Report
279 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $553,151 – $658,558, 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 $585,777 home should be assessed near $357,207.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $19,993 above what the ratio math suggests (5.6%).
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
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 37 GRAND BANKS CIRCLE | 2025-03 | $550,000 | 2,193 | 51.2% |
| 61 GRAND BANKS CIRCLE | 2026-01 | $490,000 | 2,168 | 53.1% |
| 25 GRAND BANKS CIRCLE | 2026-03 | $470,000 | 2,109 | 56.5% |
| 63 GRAND BANKS CIRCLE | 2025-09 | $535,000 | 2,109 | 49.6% |
| 26 GRAND BANKS CIRCLE | 2025-06 | $500,000 | 2,109 | 53.1% |
| 7 JOHN SINGER SGT WAY | 2025-04 | $920,000 | 2,960 | 52.6% |
| 1005 ANDOVER COURT | 2026-01 | $440,000 | 1,996 | 56.3% |
| 101 BERKSHIRE WAY | 2025-11 | $435,000 | 1,996 | 58.4% |
| 1003 ANDOVER COURT | 2025-08 | $470,000 | 1,996 | 50.2% |
| 406 BERKSHIRE WAY | 2026-05 | $415,000 | 1,992 | 41.0% |
| 254 CHESTNUT AVENUE | 2025-09 | $725,000 | 2,231 | 48.3% |
| 605 BERKSHIRE WAY | 2025-07 | $360,000 | 1,992 | 62.3% |
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