The Fair Share Report

322 Cherry Rd

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

≈ $391,294

Likely range $377,839 – $421,878, from 12 comparable Evesham sales in the past 18 months (home size estimated from assessor data — range widened).

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 $391,294 home should be assessed near $238,611.

Step 3 · Assessed value

$269,700

Set at the last town-wide revaluation and mostly frozen since. That's $31,089 above what the ratio math suggests (13.0%).

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

$9,949/yr
Public schools$6,726
Burlington County$1,508
Town of Evesham$1,715
Evesham average$9,431

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

Town median 53.4%
This home · 68.9%

39%77%

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
312 WALNUT AVENUE2025-08$400,0001,76464.4%
900 SARATOGA COURT2025-10$400,0001,70651.3%
329 WOODLAKE DRIVE2025-11$340,0001,59656.5%
361 WOODLAKE DRIVE2025-08$355,0001,59652.7%
9 CANDLEWOOD CIRCLE2026-05$470,0001,91255.3%
605 BERKSHIRE WAY2025-07$360,0001,99262.3%
238 PARK AVENUE2026-02$470,0001,58249.3%
195 WOODLAKE DRIVE2026-03$347,0001,59653.1%
192 WOODLAKE DRIVE2025-03$364,7771,59651.3%
192 WOODLAKE DRIVE2025-01$263,5001,59671.0%
231 LAKE SHORE DRIVE2025-03$700,0001,97052.4%
108 QUAIL ROAD2025-12$359,9001,67255.6%

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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 →