The Fair Share Report

43 Picadilly Cir

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

≈ $647,047

Likely range $603,387 – $718,267, from 12 comparable Evesham sales in the past 18 months, at this home's 2,550 sq ft.

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 $647,047 home should be assessed near $394,569.

Step 3 · Assessed value

$350,800

Set at the last town-wide revaluation and mostly frozen since. That's $43,769 below what the ratio math suggests (11.1%).

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

$12,941/yr
Public schools$8,749
Burlington County$1,961
Town of Evesham$2,231
Evesham average$9,431

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

Town median 53.4%
This home · 54.2%

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
8 PICADILLY CIRCLE2025-06$600,0002,73753.9%
11 SPLIT RAIL LANE2025-11$600,0002,52852.9%
42 PICADILLY CIRCLE2025-08$565,0002,26451.1%
3 PATRICK HENRY DRIVE2025-05$690,0002,55654.9%
15 KEATLEY DRIVE2025-10$610,0002,40454.7%
63 LAKESIDE DRIVE2025-08$445,0002,57665.4%
6 PRINCE ANDREW COURT2025-08$650,0002,55749.7%
21 MORNING GLORY DRIVE2025-04$660,0002,51748.3%
7 ABBOTSFORD DRIVE2026-04$742,5002,58952.8%
11 ABBOTSFORD DRIVE2025-03$767,1002,58953.3%
11 COATSBRIDGE DRIVE2025-01$740,0002,58953.8%
40 LADY DIANA CIRCLE2025-05$600,0002,80255.9%

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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 →