The Fair Share Report
40 Summit Ct
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $275,000 – $313,500, from 12 comparable Evesham sales in the past 18 months, at this home's 1,112 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Evesham assessments sit below market value — republished every October, applied town-wide. A $295,000 home should be assessed near $179,891.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $44,891 below what the ratio math suggests (25.0%).
Step 4 · The tax rate — same for every Evesham home
$2.333 Schools · 68% $0.523 County · 15% $0.595 Town · 17%
Step 5 · The bill
This home vs. every recent Evesham sale · assessed ÷ market
38%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 35 SUMMIT COURT | 2025-10 | $275,000 | 1,112 | 45.5% |
| 48 CHELMSFORD COURT | 2025-03 | $258,000 | 1,112 | 59.2% |
| 59 SUMMIT COURT | 2025-03 | $297,000 | 1,112 | 51.5% |
| 44 BRIDGEWATER DRIVE | 2025-12 | $313,500 | 1,112 | 49.2% |
| 44 BRIDGEWATER DRIVE | 2025-10 | $300,000 | 1,112 | 51.4% |
| 24 CHELMSFORD COURT | 2026-04 | $295,000 | 1,112 | 46.8% |
| 12 SUMMIT COURT | 2025-08 | $275,000 | 1,112 | 56.6% |
| 89 WOODLAKE DRIVE | 2025-03 | $350,000 | 1,093 | 42.9% |
| 8 DORCHESTER CIRCLE | 2025-12 | $295,000 | 1,120 | 55.0% |
| 24 DORCHESTER CIRCLE | 2025-10 | $310,000 | 1,120 | 52.4% |
| 8 INVERNESS CIRCLE | 2026-01 | $276,000 | 1,128 | 43.5% |
| 33 FORESTVIEW COURT | 2025-03 | $215,000 | 1,120 | 73.6% |
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