The Fair Share Report

7 Bluff View

Medford, NJ 08055

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

≈ $2,008,877

Likely range $1,792,391 – $2,733,933, from 12 comparable Medford sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

57.82%

The state's official measure of how far Medford assessments sit below market value — republished every October, applied town-wide. A $2,008,877 home should be assessed near $1,161,533.

Step 3 · Assessed value

$1,283,200

Set at the last town-wide revaluation and mostly frozen since. That's $121,667 above what the ratio math suggests (10.5%).

Step 4 · The tax rate — same for every Medford home

$3.753 per $100 assessed

$2.641 Schools · 70% $0.564 County · 15% $0.549 Town · 15%

Step 5 · The bill

$48,171/yr
Public schools$33,889
Burlington County$7,237
Town of Medford$7,045
Medford average$12,430

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

Town median 51.0%
This home · 63.9%

38%77%

Paying about right

This home's ratio lands inside Medford'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
21 EAST CENTENNIAL DRIVE2025-10$2,995,0008,10631.6%
11 OVERLOOK COURT2025-07$1,750,0006,33860.4%
138 CENTENNIAL DR W2025-01$799,0007,00569.5%
14 BROOKWOOD DRIVE2025-01$1,350,0006,33458.5%
2 TIMBRE COURT2025-08$1,657,6005,11249.4%
9 WATERLILY COURT2025-05$945,0004,30662.4%
19 LOWBRIDGE PASSAGE2025-04$1,290,0004,45956.2%
37 HIGHBRIDGE BLVD2025-08$910,0004,49058.1%
5 TYLER COURT2025-11$999,0004,31959.1%
9 EAYRESTOWN ROAD2025-07$1,395,0005,77228.7%
8 ELDERBERRY DRIVE2025-06$950,0004,08266.6%
3 WOODSFIELD COURT2025-03$1,175,0004,41655.6%

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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 →