The Fair Share Report
5 Chelsea Ct
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 $519,773 – $731,810, from 12 comparable Evesham sales in the past 18 months (home size estimated from assessor data — range widened).
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 $576,083 home should be assessed near $351,295.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $21,795 below what the ratio math suggests (6.2%).
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
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 37 GRAND BANKS CIRCLE | 2025-03 | $550,000 | 2,193 | 51.2% |
| 61 GRAND BANKS CIRCLE | 2026-01 | $490,000 | 2,168 | 53.1% |
| 3 KATHRYN COURT | 2025-04 | $600,000 | 2,138 | 68.2% |
| 63 GRAND BANKS CIRCLE | 2025-09 | $535,000 | 2,109 | 49.6% |
| 26 GRAND BANKS CIRCLE | 2025-06 | $500,000 | 2,109 | 53.1% |
| 25 GRAND BANKS CIRCLE | 2026-03 | $470,000 | 2,109 | 56.5% |
| 25 COUNTRY SQUIRE LANE | 2026-03 | $730,000 | 2,352 | 52.0% |
| 1 SUNNYSIDE COURT | 2025-12 | $725,000 | 2,305 | 50.0% |
| 16 HALIFAX COURT | 2025-02 | $525,000 | 2,352 | 57.8% |
| 135 CARLTON AVENUE | 2025-05 | $531,135 | 2,186 | 51.6% |
| 2276 MARLTON PIKE | 2025-08 | $530,000 | 2,309 | 63.5% |
| 11 PARKDALE PLACE | 2025-12 | $750,000 | 2,412 | 56.3% |
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