The Fair Share Report

47 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

≈ $573,092

Likely range $536,250 – $663,422, from 12 comparable Evesham sales in the past 18 months (home size estimated from assessor data — range widened).

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 $573,092 home should be assessed near $349,472.

Step 3 · Assessed value

$315,800

Set at the last town-wide revaluation and mostly frozen since. That's $33,672 below what the ratio math suggests (9.6%).

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

$11,650/yr
Public schools$7,876
Burlington County$1,766
Town of Evesham$2,009
Evesham average$9,431

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

Town median 53.4%
This home · 55.1%

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
37 GRAND BANKS CIRCLE2025-03$550,0002,19351.2%
23 MASTERS CIRCLE2025-08$590,0002,21050.3%
5 ABBOTSFORD DRIVE2025-08$662,0002,06451.6%
511 PARLIAMENT ROAD2025-05$510,0002,22255.5%
75 EUSTON ROAD SOUTH2025-10$531,0002,14255.4%
39 WILLOW RIDGE ROAD2025-10$640,0002,30643.0%
61 GRAND BANKS CIRCLE2026-01$490,0002,16853.1%
17 DORAL COURT2025-12$533,5002,16555.3%
8 CHRISTOPHER DRIVE2026-02$730,0002,22657.1%
2 BUCKLEY LANE2025-10$690,0002,32648.4%
33 BRITTANY BLVD2025-10$700,0002,26157.0%
25 GRAND BANKS CIRCLE2026-03$470,0002,10956.5%

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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 →