The Fair Share Report
42 S Locust Ave
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.
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Step 1 · Market value
Likely range $938,319 – $1,538,342, from 12 comparable Evesham sales in the past 18 months, at this home's 4,725 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 $1,256,506 home should be assessed near $766,217.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $258,117 below what the ratio math suggests (33.7%).
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
28%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 |
|---|---|---|---|---|
| 7 ABERDEEN COURT | 2025-10 | $1,650,000 | 4,952 | 49.0% |
| 17 ABERDEEN COURT | 2025-12 | $1,450,000 | 4,117 | 48.8% |
| 32 MILFORD DRIVE | 2025-05 | $955,000 | 4,809 | 77.0% |
| 5 BENJAMIN WEST WAY | 2025-03 | $1,150,000 | 3,698 | 52.0% |
| 73 BORTONS ROAD | 2025-09 | $1,175,000 | 3,609 | 56.3% |
| 26 COUNTRY CLUB LANE | 2025-11 | $675,000 | 3,255 | 60.0% |
| 16 PALOMINO DRIVE | 2025-08 | $935,000 | 3,516 | 58.3% |
| 12 COUNTRY LAKES DRIVE | 2026-04 | $970,000 | 6,408 | 69.1% |
| 385 NORTH LOCUST AVENUE | 2025-03 | $900,000 | 5,993 | 75.6% |
| 4 NORMAN ROCKWELL WAY | 2025-02 | $820,000 | 3,251 | 61.0% |
| 17 ELMWOOD ROAD SOUTH | 2025-04 | $950,000 | 6,270 | 79.8% |
| 38 COUNTRY SQUIRE LANE | 2025-05 | $859,000 | 3,807 | 63.6% |
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