The Fair Share Report

4 Salem 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

≈ $348,439

Likely range $314,224 – $366,000, from 12 comparable Evesham sales in the past 18 months, at this home's 1,464 sq ft.

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 $348,439 home should be assessed near $212,478.

Step 3 · Assessed value

$242,300

Set at the last town-wide revaluation and mostly frozen since. That's $29,822 above what the ratio math suggests (14.0%).

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

$8,938/yr
Public schools$6,043
Burlington County$1,355
Town of Evesham$1,541
Evesham average$9,431

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

Town median 53.4%
This home · 69.5%

39%83%

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
29 AUGUSTA COURT2025-04$410,0001,46351.8%
135 WOODLAKE DRIVE2025-07$335,0001,46455.9%
906 CHESTERWOOD COURT2026-03$327,5001,43554.7%
702 CHESTERWOOD COURT2025-06$308,0001,43558.8%
5801 RED HAVEN DRIVE2026-03$363,0001,45244.1%
1 HADDON COURT WEST2025-05$380,0001,46464.9%
5701 RED HAVEN DRIVE2025-01$360,0001,45246.6%
37 MASTERS CIRCLE2025-09$515,0001,58449.1%
37 MASTERS CIRCLE2025-06$377,0001,58467.1%
171 WOODLAKE DRIVE2025-10$334,0001,35456.5%
1202 CHESTERWOOD COURT2025-04$335,0001,36153.4%
4 PROVINCETOWN DRIVE2025-10$250,0001,36968.8%

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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 →