The Fair Share Report

5 Salem Way

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

≈ $390,604

Likely range $368,656 – $477,527, 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 $390,604 home should be assessed near $238,190.

Step 3 · Assessed value

$249,800

Set at the last town-wide revaluation and mostly frozen since. That's $11,610 above what the ratio math suggests (4.9%).

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

$9,215/yr
Public schools$6,230
Burlington County$1,397
Town of Evesham$1,589
Evesham average$9,431

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

Town median 53.4%
This home · 64.0%

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
900 SARATOGA COURT2025-10$400,0001,70651.3%
318 FOXWOOD LANE2025-02$250,0001,64677.2%
27 MAJESTIC WAY2025-06$435,0001,75649.4%
208 SHADY LANE2025-07$400,0001,79252.5%
329 WOODLAKE DRIVE2025-11$340,0001,59656.5%
361 WOODLAKE DRIVE2025-08$355,0001,59652.7%
37 MASTERS CIRCLE2025-09$515,0001,58449.1%
37 MASTERS CIRCLE2025-06$377,0001,58467.1%
13 LADY DIANA CIRCLE2026-03$537,0001,79450.4%
195 WOODLAKE DRIVE2026-03$347,0001,59653.1%
192 WOODLAKE DRIVE2025-03$364,7771,59651.3%
192 WOODLAKE DRIVE2025-01$263,5001,59671.0%

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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 →