The Fair Share Report

5 Everett Dr

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.

Step 1 · Market value

≈ $644,745

Likely range $596,023 – $728,650, from 12 comparable Medford sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

57.82%

The state's official measure of how far Medford assessments sit below market value — republished every October, applied town-wide. A $644,745 home should be assessed near $372,792.

Step 3 · Assessed value

$312,100

Set at the last town-wide revaluation and mostly frozen since. That's $60,692 below what the ratio math suggests (16.3%).

Step 4 · The tax rate — same for every Medford home

$3.753 per $100 assessed

$2.641 Schools · 70% $0.564 County · 15% $0.549 Town · 15%

Step 5 · The bill

$11,716/yr
Public schools$8,243
Burlington County$1,760
Town of Medford$1,713
Medford average$12,430

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

Town median 51.0%
This home · 48.4%

37%72%

Paying about right

This home's ratio lands inside Medford'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
119 HICKORY LANE2026-03$640,0002,35649.5%
205 BALSAM COURT2026-01$635,0002,41149.0%
5 HEATHERWOOD COURT2025-11$640,0002,52747.2%
506 FAIRVIEW ROAD2026-04$615,0002,49652.3%
5 FRIAR TUCK DRIVE2026-01$589,0002,40949.5%
4 MILL RUN COURT2026-05$815,0002,47642.7%
109 WOODTHRUSH TRAIL WEST2026-01$580,0002,37652.4%
8 FOXWOOD LANE2026-05$650,0002,34952.1%
404 ASPEN COURT2026-01$845,0002,62138.8%
6 FRIAR TUCK DRIVE2026-03$643,5002,31749.2%
100 TALLOWOOD DRIVE2026-04$620,0002,41053.5%
18 FRIAR TUCK DRIVE2025-07$685,0002,32637.6%

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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 →