The Fair Share Report
48 Hibiscus Dr
Evesham, NJ 08053
The town adjusts for market price changes once a year — but only based on the average price change of all homes in the area. This report checks whether this house's assessment kept pace.
Good news — this home pays less than its share
Its assessment sits low relative to what homes like it actually sell for. An appeal would only invite a fresh look at a number working in the owner's favor.
Step 1 · Market value
Likely range $726,364 – $787,682, from 12 comparable Evesham sales in the past 18 months, at this home's 2,858 sq ft.
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 $750,921 home should be assessed near $457,912.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $111,912 below what the ratio math suggests (24.4%).
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
38%76%
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 46 MORNING GLORY DRIVE | 2025-11 | $715,000 | 2,856 | 47.3% |
| 3 JONQUIL PLACE | 2025-01 | $650,000 | 2,864 | 52.6% |
| 4 CRANE DRIVE | 2025-06 | $750,000 | 2,951 | 48.5% |
| 53 LOWELL DRIVE | 2025-10 | $757,500 | 2,558 | 43.6% |
| 53 LOWELL DRIVE | 2025-07 | $700,000 | 2,558 | 47.1% |
| 9 CLANCY COURT | 2025-07 | $701,000 | 2,668 | 47.8% |
| 23 LOWELL DRIVE | 2026-05 | $731,000 | 2,656 | 45.4% |
| 35 HUXLEY CIRCLE | 2026-03 | $705,000 | 2,558 | 46.7% |
| 51 HIBISCUS DRIVE | 2025-07 | $750,000 | 2,858 | 46.1% |
| 16 HIBISCUS DRIVE | 2025-12 | $652,500 | 2,516 | 48.0% |
| 21 MORNING GLORY DRIVE | 2025-04 | $660,000 | 2,517 | 48.3% |
| 16 LOWELL DRIVE | 2026-04 | $707,000 | 2,510 | 46.1% |
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