The Fair Share Report

39 Centennial Dr E

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

≈ $719,197

Likely range $588,742 – $890,951, from 12 comparable Medford sales in the past 18 months, at this home's 3,072 sq ft.

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 $719,197 home should be assessed near $415,840.

Step 3 · Assessed value

$405,600

Set at the last town-wide revaluation and mostly frozen since. That's $10,240 below what the ratio math suggests (2.5%).

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

$15,226/yr
Public schools$10,712
Burlington County$2,288
Town of Medford$2,227
Medford average$12,430

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

Town median 51.0%
This home · 56.4%

38%74%

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 GRAND COACH COURT2025-09$592,0003,08959.4%
35 OHIO TRAIL2025-08$500,0002,82056.3%
101 CHURCH ROAD2025-11$600,0002,82350.3%
109 HEATH ROAD2025-01$740,0002,88850.4%
5 PLEASANT MILL COURT2026-04$595,0002,85164.2%
7 PONTIAC DRIVE2026-02$840,0002,76152.6%
8 WETHERSFIELD DRIVE2026-04$851,0002,92148.9%
12 HERON COURT2025-06$830,0003,09953.6%
11 HADLEY DRIVE2025-06$875,0003,01746.0%
26 GLEN LAKE DRIVE2026-02$689,9002,91051.3%
3 ALDWORTH COURT2025-10$535,0003,13477.9%
20 SHADOW OAK DRIVE2025-04$690,0002,99152.4%

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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 →