The Fair Share Report

391 New Rd

Evesham, NJ 08204

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

≈ $321,696

Likely range $289,324 – $343,683, 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 $321,696 home should be assessed near $196,170.

Step 3 · Assessed value

$258,600

Set at the last town-wide revaluation and mostly frozen since. That's $62,430 above what the ratio math suggests (31.8%).

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

$9,540/yr
Public schools$6,449
Burlington County$1,446
Town of Evesham$1,645
Evesham average$9,431

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

Town median 53.4%
This home · 80.4%

39%95%

Looks meaningfully over-assessed

Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (70.13%) — roughly $2,154/yr at stake. NJ appeals are generally due April 1.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
171 WOODLAKE DRIVE2025-10$334,0001,35456.5%
1202 CHESTERWOOD COURT2025-04$335,0001,36153.4%
4 PROVINCETOWN DRIVE2025-10$250,0001,36968.8%
64 BRIDGEWATER DRIVE2025-06$251,0001,36968.5%
24 WOODLAKE DRIVE2025-06$360,0001,31445.8%
29 WOODLAKE DRIVE2025-11$375,0001,29751.8%
321 WOODLAKE DRIVE2025-07$290,0001,29760.3%
128 WOODLAKE DRIVE2025-05$305,0001,29744.3%
906 CHESTERWOOD COURT2026-03$327,5001,43554.7%
702 CHESTERWOOD COURT2025-06$308,0001,43558.8%
240 JAMES COURT2025-08$255,0001,16058.0%
501 STILLHOUSE LANE2025-09$310,0001,29054.5%

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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 →