The Fair Share Report

506 Westerly 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

≈ $410,785

Likely range $336,215 – $524,638, 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 $410,785 home should be assessed near $250,497.

Step 3 · Assessed value

$223,700

Set at the last town-wide revaluation and mostly frozen since. That's $26,797 below what the ratio math suggests (10.7%).

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

$8,252/yr
Public schools$5,579
Burlington County$1,251
Town of Evesham$1,423
Evesham average$9,431

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

Town median 53.4%
This home · 54.5%

37%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
3 LAURA LANE2025-04$520,0001,78851.8%
128 THORNWOOD DRIVE2025-12$345,0001,81280.9%
169 THORNWOOD DRIVE2026-01$527,5001,81251.9%
169 THORNWOOD DRIVE2025-10$390,0001,81270.2%
208 SHADY LANE2025-07$400,0001,79252.5%
900 SARATOGA COURT2025-10$400,0001,70651.3%
1406 JONATHAN LANE2025-12$402,0001,66660.5%
39 LADY DIANA CIRCLE2026-03$515,0001,58448.1%
20 LURAY LANE2025-03$500,0001,92656.8%
35 GREENBROOK DRIVE2025-12$550,0001,78444.2%
318 FOXWOOD LANE2025-02$250,0001,64677.2%
4 LONGHURST ROAD2026-03$320,0001,71274.1%

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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 →