The Fair Share Report

40 Spinning Wheel Ln

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

≈ $435,618

Likely range $375,711 – $486,346, 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 $435,618 home should be assessed near $265,640.

Step 3 · Assessed value

$224,500

Set at the last town-wide revaluation and mostly frozen since. That's $41,140 below what the ratio math suggests (15.5%).

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

$8,282/yr
Public schools$5,599
Burlington County$1,255
Town of Evesham$1,428
Evesham average$9,431

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

Town median 53.4%
This home · 51.5%

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
37 SPINNING WHEEL LANE2025-08$510,0001,62648.0%
100 CAMBRIDGE AVENUE2025-11$410,0001,53650.9%
43 KNOX BLVD2025-01$322,0001,57474.1%
14 PRINCESS AVENUE2025-12$425,0001,66457.5%
224 TEAL LANE2026-03$530,0001,73049.2%
44 GREENBROOK DRIVE2026-04$475,0001,54445.7%
317 BRANDYWINE DRIVE2025-12$525,0001,46643.9%
23 PRINCESS AVENUE2025-04$396,0001,58859.6%
14 GLADSTONE ROAD2026-05$345,0001,46058.3%
36 TRINITY AVENUE2025-01$378,0001,53660.0%
115 CONESTOGA DRIVE2025-06$520,0001,81248.1%
110 CONESTOGA DRIVE2025-11$475,0001,46648.5%

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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 →