The Fair Share Report

40 Yale 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

≈ $552,374

Likely range $513,703 – $576,249, 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 $552,374 home should be assessed near $336,838.

Step 3 · Assessed value

$312,900

Set at the last town-wide revaluation and mostly frozen since. That's $23,938 below what the ratio math suggests (7.1%).

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

$11,543/yr
Public schools$7,803
Burlington County$1,749
Town of Evesham$1,990
Evesham average$9,431

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

Town median 53.4%
This home · 56.6%

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
248 WINDING WAY2026-01$569,0002,10051.2%
205 WOODBINE DRIVE2025-09$555,0002,08149.6%
23 YALE ROAD2025-05$650,0002,14251.1%
17 DARTMOUTH COURT2025-05$490,0002,13648.0%
172 MEADOW LANE2025-05$635,0002,12241.7%
11 TINSMITH LANE2025-07$559,0002,14245.6%
5 GRAYBURN DRIVE2025-08$547,0002,21449.9%
32 JARRETT COURT2025-12$565,0002,14855.3%
52 YALE ROAD2025-06$625,0001,92648.2%
27 KEVIN WAY2025-10$590,0002,16251.8%
6 LAURA LANE2025-07$520,0002,09253.9%
32 CARLTON AVENUE2025-11$419,0001,99260.9%

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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 →