The Fair Share Report

46 Wellesley 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.

Step 1 · Market value

≈ $890,443

Likely range $854,653 – $960,183, from 12 comparable Evesham sales in the past 18 months, at this home's 3,261 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 $890,443 home should be assessed near $542,992.

Step 3 · Assessed value

$565,000

Set at the last town-wide revaluation and mostly frozen since. That's $22,008 above what the ratio math suggests (4.1%).

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

$20,843/yr
Public schools$14,091
Burlington County$3,159
Town of Evesham$3,594
Evesham average$9,431

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

Town median 53.4%
This home · 63.5%

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)

AddressSoldPriceSq ftRatio
52 WELLESLEY WAY2025-02$1,200,0003,30956.0%
16 PALOMINO DRIVE2025-08$935,0003,51658.3%
3 STAMFORD BRIDGE COURT2025-06$824,9003,28860.6%
2 LIGHT HORSE COURT2025-03$900,0003,29649.2%
32 CARRINGTON WAY2025-08$1,060,0003,60059.1%
33 EVESHAM AVENUE2025-06$875,0003,02745.7%
19 GRANT WOOD WAY2025-05$935,0003,37259.4%
205 ANDY WARHOL WAY2025-01$770,0002,93864.9%
33 OLD REPUBLIC LANE2025-10$825,0002,80055.0%
38 COUNTRY SQUIRE LANE2025-05$859,0003,80763.6%
4 NORMAN ROCKWELL WAY2025-02$820,0003,25161.0%
19 OLD REPUBLIC LANE2025-05$792,5002,69653.9%

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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 →