The Fair Share Report
3 Madison Ct
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 $733,142 – $919,037, 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 $852,936 home should be assessed near $520,120.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $60,120 below what the ratio math suggests (11.6%).
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 |
|---|---|---|---|---|
| 305 POSTERITY PLACE | 2025-08 | $857,500 | 3,144 | 54.3% |
| 40 COUNTRY SQUIRE LANE | 2025-07 | $878,000 | 2,935 | 52.6% |
| 15 NORMANDY ROAD | 2025-06 | $900,000 | 3,014 | 49.0% |
| 1 PENDLETON COURT | 2025-04 | $832,000 | 3,189 | 51.5% |
| 33 EVESHAM AVENUE | 2025-06 | $875,000 | 3,027 | 45.7% |
| 431 LIBERTY LANE | 2025-09 | $870,000 | 3,212 | 56.7% |
| 3 WILDCAT AVENUE | 2025-09 | $625,000 | 3,015 | 58.6% |
| 9 NORMANDY ROAD | 2025-05 | $831,000 | 3,212 | 51.7% |
| 12 WASHINGTON DRIVE | 2025-06 | $862,500 | 3,626 | 62.4% |
| 1 BERGAN COURT | 2026-04 | $990,000 | 3,001 | 51.8% |
| 413 LIBERTY LANE | 2025-04 | $570,000 | 2,935 | 79.3% |
| 2 TORY LANE | 2025-09 | $800,000 | 2,863 | 52.4% |
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