The Fair Share Report

5 Yale Rd

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

≈ $530,155

Likely range $458,494 – $583,606, 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 $530,155 home should be assessed near $323,289.

Step 3 · Assessed value

$281,700

Set at the last town-wide revaluation and mostly frozen since. That's $41,589 below what the ratio math suggests (12.9%).

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

$10,392/yr
Public schools$7,025
Burlington County$1,575
Town of Evesham$1,792
Evesham average$9,431

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

Town median 53.4%
This home · 53.1%

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
17 PALMETTO AVENUE2026-05$590,0001,85844.4%
11 CONCORD ROAD2025-10$425,0001,85857.5%
7 CONCORD ROAD2025-08$465,0001,85852.3%
6 HEATHER DRIVE2025-08$550,0001,94049.4%
3 KENNINGTON ROAD2026-03$467,5491,96359.1%
52 YALE ROAD2025-06$625,0001,92648.2%
31 HANOVER ROAD2025-06$541,0001,77041.3%
222 WOODBINE DRIVE2025-08$640,0001,79843.2%
5 EVERINGTON ROAD2025-09$513,0001,96354.4%
32 CARLTON AVENUE2025-11$419,0001,99260.9%
5 PRINCE CHARLES COURT2025-09$484,5001,86454.9%
122 HAMILTON ROAD2026-02$479,9001,89250.7%

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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 →