The Fair Share Report

48 E Cedar Ave

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

≈ $355,667

Likely range $331,838 – $397,514, 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 $355,667 home should be assessed near $216,886.

Step 3 · Assessed value

$230,000

Set at the last town-wide revaluation and mostly frozen since. That's $13,114 above what the ratio math suggests (6.0%).

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

$8,485/yr
Public schools$5,736
Burlington County$1,286
Town of Evesham$1,463
Evesham average$9,431

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

Town median 53.4%
This home · 64.7%

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
329 WOODLAKE DRIVE2025-11$340,0001,59656.5%
361 WOODLAKE DRIVE2025-08$355,0001,59652.7%
195 WOODLAKE DRIVE2026-03$347,0001,59653.1%
192 WOODLAKE DRIVE2025-03$364,7771,59651.3%
192 WOODLAKE DRIVE2025-01$263,5001,59671.0%
238 PARK AVENUE2026-02$470,0001,58249.3%
105 BERKSHIRE WAY2025-02$390,0001,59161.9%
1620 MARLTON PIKE2025-05$450,0001,61253.8%
229 POPLAR AVENUE2025-10$375,0001,42059.7%
1506 SQUIRREL ROAD2026-05$360,0001,59957.0%
404 QUAIL ROAD2025-12$335,0001,59960.5%
1404 SQUIRREL ROAD2025-07$320,0001,59964.3%

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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 →