The Fair Share Report

5 Merlot Ct

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.

This home's payments are about right

It sits inside Evesham's normal range — market price changes haven't singled it out. No case for a tax appeal.

Step 1 · Market value

≈ $364,118

Likely range $357,670 – $387,339, from 12 comparable Evesham sales in the past 18 months, at this home's 1,652 sq ft.

Step 2 · The Director's Ratio

60.98%

The state's official measure of how far Evesham assessments sit below market value — republished every October, applied town-wide. A $364,118 home should be assessed near $222,039.

Step 3 · Assessed value

$195,000

Set at the last town-wide revaluation and mostly frozen since. That's $27,039 below what the ratio math suggests (12.2%).

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

$3.451 per $100 assessed

$2.333 Schools · 68% $0.523 County · 15% $0.595 Town · 17%

Step 5 · The bill

$7,194/yr
Public schools$4,863
Burlington County$1,090
Town of Evesham$1,240
Evesham average$9,431

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

Town median 53.4%
This home · 53.6%

39%76%

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
10 CLARET COURT2025-08$435,0001,65243.7%
900 SARATOGA COURT2025-10$400,0001,70651.3%
195 WOODLAKE DRIVE2026-03$347,0001,59653.1%
192 WOODLAKE DRIVE2025-03$364,7771,59651.3%
192 WOODLAKE DRIVE2025-01$263,5001,59671.0%
115 CROWN PRINCE DRIVE2025-09$370,0001,65657.5%
123 CROWN PRINCE DRIVE2025-04$365,0001,65658.1%
105 BERKSHIRE WAY2025-02$390,0001,59161.9%
223 CROWN PRINCE DRIVE2025-11$365,0001,65650.7%
302 FOXWOOD LANE2026-03$360,0001,65243.1%
329 WOODLAKE DRIVE2025-11$340,0001,59656.5%
361 WOODLAKE DRIVE2025-08$355,0001,59652.7%

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