The Fair Share Report
46 Bridgewater 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.
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Step 1 · Market value
Likely range $296,868 – $367,059, 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 $317,960 home should be assessed near $193,892.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $66,692 below what the ratio math suggests (34.4%).
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
29%76%
Keep quiet and enjoy it
This home's assessment ratio sits below the Evesham pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 46 CHELMSFORD COURT | 2025-11 | $265,000 | 1,264 | 60.2% |
| 9 BURGUNDY DRIVE | 2025-07 | $370,000 | 1,254 | 56.9% |
| 24 BURGUNDY DRIVE | 2025-04 | $365,000 | 1,254 | 56.7% |
| 51 FIVE CROWN ROYAL | 2025-12 | $320,000 | 1,255 | 55.3% |
| 501 STILLHOUSE LANE | 2025-09 | $310,000 | 1,290 | 54.5% |
| 44 DORSET COURT | 2025-12 | $330,000 | 1,263 | 45.5% |
| 61 DORSET COURT | 2025-03 | $331,500 | 1,263 | 48.3% |
| 6 KEATLEY DRIVE | 2026-03 | $445,000 | 1,296 | 51.8% |
| 90 WOODLAKE DRIVE | 2025-02 | $359,000 | 1,297 | 46.0% |
| 185 CROWN PRINCE DRIVE | 2025-05 | $300,000 | 1,214 | 59.8% |
| 708 QUAIL ROAD | 2025-04 | $316,000 | 1,242 | 58.5% |
| 18 MAJESTIC WAY | 2025-06 | $325,000 | 1,306 | 58.7% |
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