The Fair Share Report

47 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

≈ $1,040,922

Likely range $946,872 – $1,222,208, from 12 comparable Evesham sales in the past 18 months, at this home's 3,754 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 $1,040,922 home should be assessed near $634,754.

Step 3 · Assessed value

$687,600

Set at the last town-wide revaluation and mostly frozen since. That's $52,846 above what the ratio math suggests (8.3%).

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

$25,366/yr
Public schools$17,148
Burlington County$3,844
Town of Evesham$4,373
Evesham average$9,431

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

Town median 53.4%
This home · 66.1%

39%78%

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
52 WELLESLEY WAY2025-02$1,200,0003,30956.0%
16 PALOMINO DRIVE2025-08$935,0003,51658.3%
38 COUNTRY SQUIRE LANE2025-05$859,0003,80763.6%
32 CARRINGTON WAY2025-08$1,060,0003,60059.1%
5 BENJAMIN WEST WAY2025-03$1,150,0003,69852.0%
17 ABERDEEN COURT2025-12$1,450,0004,11748.8%
21 GRANT WOOD WAY2025-05$1,300,0003,75455.6%
19 GRANT WOOD WAY2025-05$935,0003,37259.4%
12 WASHINGTON DRIVE2025-06$862,5003,62662.4%
2 LIGHT HORSE COURT2025-03$900,0003,29649.2%
73 BORTONS ROAD2025-09$1,175,0003,60956.3%
3 STAMFORD BRIDGE COURT2025-06$824,9003,28860.6%

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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 →