The Fair Share Report

40 Hanover 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

≈ $510,599

Likely range $452,841 – $551,079, 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 $510,599 home should be assessed near $311,363.

Step 3 · Assessed value

$258,700

Set at the last town-wide revaluation and mostly frozen since. That's $52,663 below what the ratio math suggests (16.9%).

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

$9,543/yr
Public schools$6,452
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 · 50.7%

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
25 LANCASTER DRIVE2025-09$540,0001,84845.8%
116 WESTBURY COURT2025-08$545,0002,01249.6%
5 GRAYSON COURT2025-06$388,0001,76759.8%
1 CHADWICK AVENUE2025-06$579,0002,00043.6%
8 YORKTOWN COURT2026-01$520,0001,92250.3%
219 CONESTOGA DRIVE2025-12$450,0001,84256.1%
201 HAMILTON ROAD2025-06$565,2011,84247.5%
123 WYNDMERE ROAD2026-01$430,0001,90258.4%
115 CONESTOGA DRIVE2025-06$520,0001,81248.1%
2 ERYNWOOD AVENUE2025-08$572,0002,08454.2%
6 HEATHER DRIVE2025-08$550,0001,94049.4%
17 PALMETTO AVENUE2026-05$590,0001,85844.4%

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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 →