The Fair Share Report

5 Mitchell Ct

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

≈ $909,574

Likely range $864,833 – $994,591, 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 $909,574 home should be assessed near $525,916.

Step 3 · Assessed value

$429,000

Set at the last town-wide revaluation and mostly frozen since. That's $96,916 below what the ratio math suggests (18.4%).

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%

This home's own bill implies $3.696 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$15,855/yr
Public schools$11,154
Burlington County$2,382
Town of Medford$2,319
Medford average$12,430

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

Town median 51.0%
This home · 47.2%

38%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
90 LIVERPOOL WAY2025-06$850,0003,22050.1%
4 BEDFORD DRIVE2026-04$820,0003,00851.8%
87 WESTMONT DRIVE2025-05$990,0003,15151.2%
12 KESWICK PATH2025-11$790,0002,92149.8%
75 LIVERPOOL WAY2026-04$940,0003,45349.1%
71 WESTMONT DRIVE2025-09$995,0003,24353.1%
70 WESTMONT DRIVE2025-09$975,0003,15151.1%
8 LIVERPOOL WAY2025-04$780,0002,74551.7%
38 MONTCLAIRE ROAD2025-06$695,0002,77448.8%
4 EYDON COURT2025-12$905,0003,06448.6%
6 DERBY COURT2026-01$826,0002,81048.9%
47 LIVERPOOL WAY2025-06$865,0002,69948.2%

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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 →