The Fair Share Report
48 S Locust 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.
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Step 1 · Market value
Likely range $474,734 – $540,662, from 12 comparable Evesham sales in the past 18 months, at this home's 1,884 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 $494,514 home should be assessed near $301,555.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $89,055 below what the ratio math suggests (29.5%).
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
34%76%
Keep quiet and enjoy it
This home's assessment ratio sits below the Evesham pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 2 TOMAHAWK DRIVE | 2025-06 | $510,000 | 1,943 | 52.0% |
| 128 CAMBRIDGE AVENUE | 2025-07 | $310,000 | 1,806 | 85.8% |
| 8 YORKTOWN COURT | 2026-01 | $520,000 | 1,922 | 50.3% |
| 219 CONESTOGA DRIVE | 2025-12 | $450,000 | 1,842 | 56.1% |
| 201 HAMILTON ROAD | 2025-06 | $565,201 | 1,842 | 47.5% |
| 52 MARLBOROUGH AVENUE | 2025-08 | $505,000 | 1,893 | 47.6% |
| 115 CONESTOGA DRIVE | 2025-06 | $520,000 | 1,812 | 48.1% |
| 102 BAKER BLVD | 2024-12 | $412,000 | 1,821 | 60.7% |
| 1 BOSWELL ROAD | 2026-04 | $465,000 | 1,806 | 49.5% |
| 121 CONESTOGA DRIVE | 2025-04 | $508,500 | 2,018 | 48.0% |
| 224 TEAL LANE | 2026-03 | $530,000 | 1,730 | 49.2% |
| 13 BRIARCLIFF ROAD | 2025-09 | $445,000 | 1,764 | 54.3% |
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