The Fair Share Report

56 Eddy 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

≈ $588,191

Likely range $573,507 – $634,899, 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 $588,191 home should be assessed near $358,679.

Step 3 · Assessed value

$365,800

Set at the last town-wide revaluation and mostly frozen since. That's $7,121 above what the ratio math suggests (2.0%).

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

$13,494/yr
Public schools$9,123
Burlington County$2,045
Town of Evesham$2,327
Evesham average$9,431

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

Town median 53.4%
This home · 62.2%

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
46 EDDY WAY2025-08$620,0002,83359.6%
39 EDDY WAY2025-04$675,0002,91756.0%
49 EDDY WAY2026-04$675,0002,95157.4%
89 ISABELLE COURT2025-07$559,9002,65265.2%
83 ISABELLE COURT2025-07$555,0002,65264.5%
28 ISABELLE COURT2025-06$590,0002,89262.4%
28 GRACE DRIVE2025-03$570,0002,67655.6%
6 BLUFF COURT2025-12$600,0002,88762.2%
16 GRACE DRIVE2025-07$579,9002,89258.8%
15 KEEGAN COURT2025-05$525,0002,71168.2%
5 SULLIVAN WAY2025-08$507,5002,45767.0%
31 SULLIVAN WAY2026-02$571,0002,47356.9%

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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 →