The Fair Share Report
5 Bluff View
Medford, NJ 08055
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $1,285,633 – $1,745,073, from 12 comparable Medford sales in the past 18 months, at this home's 6,032 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Medford assessments sit below market value — republished every October, applied town-wide. A $1,457,838 home should be assessed near $842,922.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $319,078 above what the ratio math suggests (37.9%).
Step 4 · The tax rate — same for every Medford home
$2.641 Schools · 70% $0.564 County · 15% $0.549 Town · 15%
Step 5 · The bill
This home vs. every recent Medford sale · assessed ÷ market
38%96%
Looks meaningfully over-assessed
Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (66.49%) — roughly $11,975/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 11 OVERLOOK COURT | 2025-07 | $1,750,000 | 6,338 | 60.4% |
| 14 BROOKWOOD DRIVE | 2025-01 | $1,350,000 | 6,334 | 58.5% |
| 2 TIMBRE COURT | 2025-08 | $1,657,600 | 5,112 | 49.4% |
| 19 LOWBRIDGE PASSAGE | 2025-04 | $1,290,000 | 4,459 | 56.2% |
| 37 HIGHBRIDGE BLVD | 2025-08 | $910,000 | 4,490 | 58.1% |
| 9 WATERLILY COURT | 2025-05 | $945,000 | 4,306 | 62.4% |
| 8 ELDERBERRY DRIVE | 2025-06 | $950,000 | 4,082 | 66.6% |
| 3 WOODSFIELD COURT | 2025-03 | $1,175,000 | 4,416 | 55.6% |
| 5 TYLER COURT | 2025-11 | $999,000 | 4,319 | 59.1% |
| 9 EAYRESTOWN ROAD | 2025-07 | $1,395,000 | 5,772 | 28.7% |
| 3 SASSAFRAS WAY | 2025-10 | $1,851,610 | 5,114 | 40.4% |
| 138 CENTENNIAL DR W | 2025-01 | $799,000 | 7,005 | 69.5% |
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