The Fair Share Report
404 Westerly Dr
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 $338,729 – $396,559, from 12 comparable Evesham sales in the past 18 months (home size estimated from assessor data — range widened).
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 $379,214 home should be assessed near $231,245.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $38,345 below what the ratio math suggests (16.6%).
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
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 202 WESTERLY DRIVE | 2025-02 | $410,000 | 1,534 | 51.5% |
| 604 WESTERLY DRIVE | 2025-10 | $410,000 | 1,597 | 51.8% |
| 303 WESTERLY DRIVE | 2025-11 | $407,000 | 1,597 | 51.1% |
| 329 WOODLAKE DRIVE | 2025-11 | $340,000 | 1,596 | 56.5% |
| 361 WOODLAKE DRIVE | 2025-08 | $355,000 | 1,596 | 52.7% |
| 195 WOODLAKE DRIVE | 2026-03 | $347,000 | 1,596 | 53.1% |
| 192 WOODLAKE DRIVE | 2025-03 | $364,777 | 1,596 | 51.3% |
| 192 WOODLAKE DRIVE | 2025-01 | $263,500 | 1,596 | 71.0% |
| 105 BERKSHIRE WAY | 2025-02 | $390,000 | 1,591 | 61.9% |
| 9 MERLOT COURT | 2026-05 | $431,000 | 1,610 | 47.6% |
| 5701 RED HAVEN DRIVE | 2025-01 | $360,000 | 1,452 | 46.6% |
| 2506 ELBERTA LANE | 2025-04 | $370,000 | 1,452 | 41.9% |
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