The Fair Share Report

42 Hibiscus 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.

Step 1 · Market value

≈ $572,265

Likely range $504,499 – $615,885, 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 $572,265 home should be assessed near $348,967.

Step 3 · Assessed value

$296,000

Set at the last town-wide revaluation and mostly frozen since. That's $52,967 below what the ratio math suggests (15.2%).

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

$10,919/yr
Public schools$7,382
Burlington County$1,655
Town of Evesham$1,883
Evesham average$9,431

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

Town median 53.4%
This home · 51.7%

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
41 CARTER LANE2025-01$571,0002,19454.3%
14 POINSETTIA LANE2025-09$589,0002,14748.7%
22 WEAVER DRIVE2025-09$545,0002,21459.7%
25 HUXLEY CIRCLE2025-03$560,0001,93054.8%
10 LARKSPUR DRIVE2026-03$620,0002,16446.9%
63 GRAND BANKS CIRCLE2025-09$535,0002,10949.6%
26 GRAND BANKS CIRCLE2025-06$500,0002,10953.1%
402 BREEDERS COURT2025-08$695,0002,20455.6%
9 ALCOTT WAY2025-05$630,0002,12055.9%
25 GRAND BANKS CIRCLE2026-03$470,0002,10956.5%
33 COLTS GAIT ROAD2026-02$540,0001,96563.6%
10 BEGONIA COURT2025-03$505,0002,04852.9%

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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 →