The Fair Share Report

3 Everett Dr

Medford, NJ 08055

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

≈ $634,436

Likely range $625,268 – $808,208, from 12 comparable Medford sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

57.82%

The state's official measure of how far Medford assessments sit below market value — republished every October, applied town-wide. A $634,436 home should be assessed near $366,831.

Step 3 · Assessed value

$335,600

Set at the last town-wide revaluation and mostly frozen since. That's $31,231 below what the ratio math suggests (8.5%).

Step 4 · The tax rate — same for every Medford home

$3.753 per $100 assessed

$2.641 Schools · 70% $0.564 County · 15% $0.549 Town · 15%

Step 5 · The bill

$12,598/yr
Public schools$8,863
Burlington County$1,893
Town of Medford$1,842
Medford average$12,430

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

Town median 51.0%
This home · 52.9%

36%72%

Paying about right

This home's ratio lands inside Medford'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
3 SAXONY COURT2025-02$660,0002,64346.8%
10 GARWOOD COURT2025-09$833,3002,76748.0%
4 SHERWOOD DRIVE2025-11$638,0002,63846.4%
1 TAMARAC LANE2025-11$500,0002,91668.0%
12 BUTLER COURT2026-02$855,0002,72245.0%
506 FAIRVIEW ROAD2026-04$615,0002,49652.3%
5 HEATHERWOOD COURT2025-11$640,0002,52747.2%
27 LITTLE JOHN DRIVE2026-02$670,0002,75445.3%
12 FOXWOOD LANE2025-08$650,0002,69653.7%
109 WOODTHRUSH TRAIL WEST2026-01$580,0002,37652.4%
4 MILL RUN COURT2026-05$815,0002,47642.7%
404 ASPEN COURT2026-01$845,0002,62138.8%

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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 →