The Fair Share Report
43 Sullivan Way
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 $510,805 – $558,068, from 12 comparable Evesham sales in the past 18 months, at this home's 2,473 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 $526,760 home should be assessed near $321,218.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $14,282 above what the ratio math suggests (4.4%).
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%
A touch high — worth watching
This home's ratio sits above most of Evesham, but doesn't clear NJ's legal appeal line (70.13%).
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 5 SULLIVAN WAY | 2025-08 | $507,500 | 2,457 | 67.0% |
| 31 SULLIVAN WAY | 2026-02 | $571,000 | 2,473 | 56.9% |
| 28 GRACE DRIVE | 2025-03 | $570,000 | 2,676 | 55.6% |
| 89 ISABELLE COURT | 2025-07 | $559,900 | 2,652 | 65.2% |
| 83 ISABELLE COURT | 2025-07 | $555,000 | 2,652 | 64.5% |
| 46 EDDY WAY | 2025-08 | $620,000 | 2,833 | 59.6% |
| 31 EDDY WAY | 2026-04 | $570,000 | 2,561 | 59.3% |
| 59 EDDY WAY | 2025-10 | $568,900 | 2,521 | 58.5% |
| 55 EDDY WAY | 2025-08 | $560,100 | 2,521 | 59.8% |
| 39 EDDY WAY | 2025-04 | $675,000 | 2,917 | 56.0% |
| 28 ISABELLE COURT | 2025-06 | $590,000 | 2,892 | 62.4% |
| 38 KEEGAN COURT | 2025-08 | $510,000 | 2,423 | 64.3% |
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