The Fair Share Report
3 Centennial Dr E
Medford, NJ 08033
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 $524,374 – $936,412, from 12 comparable Medford 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 Medford assessments sit below market value — republished every October, applied town-wide. A $719,529 home should be assessed near $416,032.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $152,768 above what the ratio math suggests (36.7%).
Step 4 · The tax rate — same for every Medford home
$2.641 Schools · 70% $0.564 County · 15% $0.549 Town · 15%
Step 5 · The bill
This home vs. every recent Medford sale · assessed ÷ market
38%114%
A touch high — worth watching
This home's ratio sits above most of Medford, but doesn't clear NJ's legal appeal line (66.49%).
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 3 GRAND COACH COURT | 2025-09 | $592,000 | 3,089 | 59.4% |
| 7 PONTIAC DRIVE | 2026-02 | $840,000 | 2,761 | 52.6% |
| 101 CHURCH ROAD | 2025-11 | $600,000 | 2,823 | 50.3% |
| 227 TUCKERTON ROAD | 2025-04 | $625,000 | 3,684 | 59.0% |
| 35 OHIO TRAIL | 2025-08 | $500,000 | 2,820 | 56.3% |
| 109 HEATH ROAD | 2025-01 | $740,000 | 2,888 | 50.4% |
| 5 PLEASANT MILL COURT | 2026-04 | $595,000 | 2,851 | 64.2% |
| 12 HERON COURT | 2025-06 | $830,000 | 3,099 | 53.6% |
| 14 CENTENNIAL DR E | 2025-04 | $610,000 | 3,550 | 72.1% |
| 3 ALDWORTH COURT | 2025-10 | $535,000 | 3,134 | 77.9% |
| 116 BRACKEN ROAD | 2025-08 | $915,000 | 3,269 | 42.9% |
| 8 WETHERSFIELD DRIVE | 2026-04 | $851,000 | 2,921 | 48.9% |
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