The Fair Share Report

5 Palomino Dr

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.

Step 1 · Market value

≈ $982,601

Likely range $863,048 – $1,104,939, from 12 comparable Evesham sales in the past 18 months (home size estimated from assessor data — range widened).

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 $982,601 home should be assessed near $599,190.

Step 3 · Assessed value

$539,000

Set at the last town-wide revaluation and mostly frozen since. That's $60,190 below what the ratio math suggests (10.0%).

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

$19,884/yr
Public schools$13,442
Burlington County$3,013
Town of Evesham$3,428
Evesham average$9,431

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

Town median 53.4%
This home · 54.9%

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)

AddressSoldPriceSq ftRatio
38 COUNTRY SQUIRE LANE2025-05$859,0003,80763.6%
16 PALOMINO DRIVE2025-08$935,0003,51658.3%
12 WASHINGTON DRIVE2025-06$862,5003,62662.4%
2 LIGHT HORSE COURT2025-03$900,0003,29649.2%
52 WELLESLEY WAY2025-02$1,200,0003,30956.0%
5 BENJAMIN WEST WAY2025-03$1,150,0003,69852.0%
22 HAWK LANE2025-11$625,0003,01557.7%
5 BRITTANY BLVD2025-01$750,0003,39366.2%
32 CARRINGTON WAY2025-08$1,060,0003,60059.1%
73 BORTONS ROAD2025-09$1,175,0003,60956.3%
33 OLD REPUBLIC LANE2025-10$825,0002,80055.0%
305 POSTERITY PLACE2025-08$857,5003,14454.3%

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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 →