The Fair Share Report
5 Spruce Ln
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.
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Step 1 · Market value
Likely range $376,256 – $497,769, from 12 comparable Evesham sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Evesham assessments sit below market value — republished every October, applied town-wide. A $432,151 home should be assessed near $263,526.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $21,026 below what the ratio math suggests (8.0%).
Step 4 · The tax rate — same for every Evesham home
$2.333 Schools · 68% $0.523 County · 15% $0.595 Town · 17%
Step 5 · The bill
This home vs. every recent Evesham sale · assessed ÷ market
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 312 WALNUT AVENUE | 2025-08 | $400,000 | 1,764 | 64.4% |
| 14 PRINCESS AVENUE | 2025-12 | $425,000 | 1,664 | 57.5% |
| 43 KNOX BLVD | 2025-01 | $322,000 | 1,574 | 74.1% |
| 224 TEAL LANE | 2026-03 | $530,000 | 1,730 | 49.2% |
| 128 CAMBRIDGE AVENUE | 2025-07 | $310,000 | 1,806 | 85.8% |
| 37 SPINNING WHEEL LANE | 2025-08 | $510,000 | 1,626 | 48.0% |
| 6 MARLBOROUGH AVENUE | 2025-07 | $385,000 | 1,656 | 59.4% |
| 238 PARK AVENUE | 2026-02 | $470,000 | 1,582 | 49.3% |
| 41 RADNOR BLVD | 2026-04 | $477,500 | 1,652 | 49.5% |
| 100 CAMBRIDGE AVENUE | 2025-11 | $410,000 | 1,536 | 50.9% |
| 118 CAMBRIDGE AVENUE | 2025-11 | $485,000 | 1,718 | 51.6% |
| 13 BRIARCLIFF ROAD | 2025-09 | $445,000 | 1,764 | 54.3% |
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