The Fair Share Report

38 Sullivan Way

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

≈ $598,707

Likely range $525,934 – $726,541, 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 $598,707 home should be assessed near $365,092.

Step 3 · Assessed value

$339,700

Set at the last town-wide revaluation and mostly frozen since. That's $25,392 below what the ratio math suggests (7.0%).

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

$12,532/yr
Public schools$8,472
Burlington County$1,899
Town of Evesham$2,161
Evesham average$9,431

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

Town median 53.4%
This home · 56.7%

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)

AddressSoldPriceSq ftRatio
28 GRACE DRIVE2025-03$570,0002,67655.6%
23 LOWELL DRIVE2026-05$731,0002,65645.4%
9 CLANCY COURT2025-07$701,0002,66847.8%
35 HUXLEY CIRCLE2026-03$705,0002,55846.7%
53 LOWELL DRIVE2025-10$757,5002,55843.6%
53 LOWELL DRIVE2025-07$700,0002,55847.1%
16 HIBISCUS DRIVE2025-12$652,5002,51648.0%
31 SULLIVAN WAY2026-02$571,0002,47356.9%
63 LAKESIDE DRIVE2025-08$445,0002,57665.4%
5 SULLIVAN WAY2025-08$507,5002,45767.0%
16 MAJESTIC WAY2025-07$457,5002,45352.7%
89 ISABELLE COURT2025-07$559,9002,65265.2%

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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 →