The Fair Share Report

56 Lowell 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

≈ $355,129

Likely range $335,400 – $360,062, from 12 comparable Evesham sales in the past 18 months, at this home's 1,604 sq ft.

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 $355,129 home should be assessed near $216,558.

Step 3 · Assessed value

$264,000

Set at the last town-wide revaluation and mostly frozen since. That's $47,442 above what the ratio math suggests (21.9%).

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

$9,739/yr
Public schools$6,584
Burlington County$1,476
Town of Evesham$1,679
Evesham average$9,431

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

Town median 53.4%
This home · 74.3%

39%84%

Looks meaningfully over-assessed

Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (70.13%) — roughly $1,637/yr at stake. NJ appeals are generally due April 1.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
6401 BALTIMORE DRIVE2026-02$360,0001,62651.4%
5703 BALTIMORE DRIVE2025-08$340,0001,62666.1%
4204 BUXMONT ROAD2025-03$337,0001,62666.2%
3908 BUXMONT ROAD2025-02$365,0001,62661.1%
6901 BALTIMORE DRIVE2024-12$340,0001,62665.8%
2205 DELANCEY WAY2026-03$370,0001,62654.6%
1604 DELANCEY WAY2026-02$365,0001,62661.1%
3808 BUXMONT ROAD2025-11$349,5001,62664.3%
6003 BALTIMORE DRIVE2025-10$374,5001,62659.4%
5903 BALTIMORE DRIVE2026-05$375,0001,68860.9%
5304 BALTIMORE DRIVE2025-09$352,0001,68856.8%
5901 BALTIMORE DRIVE2025-03$375,0001,68861.5%

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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 →