The Fair Share Report
7 Splitrail Ln
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $876,606 – $971,384, from 12 comparable Medford sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Medford assessments sit below market value — republished every October, applied town-wide. A $915,013 home should be assessed near $529,061.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $41,761 below what the ratio math suggests (7.9%).
Step 4 · The tax rate — same for every Medford home
$2.641 Schools · 70% $0.564 County · 15% $0.549 Town · 15%
Step 5 · The bill
This home vs. every recent Medford sale · assessed ÷ market
38%72%
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 10 BAYDON WAY | 2025-08 | $900,000 | 3,537 | 48.7% |
| 320 MCKENDIMEN ROAD | 2025-05 | $900,000 | 3,534 | 53.5% |
| 63 HIGHBRIDGE BLVD | 2025-05 | $880,000 | 3,574 | 56.5% |
| 19 BIG LOOK TRAIL | 2026-03 | $895,000 | 3,648 | 67.8% |
| 3 ALDWORTH COURT | 2025-10 | $535,000 | 3,134 | 77.9% |
| 12 HERON COURT | 2025-06 | $830,000 | 3,099 | 53.6% |
| 4 FALSE HEATHER WAY | 2025-07 | $875,000 | 3,231 | 54.0% |
| 1 PEPPERBUSH COURT | 2025-10 | $979,000 | 4,092 | 60.1% |
| 11 HADLEY DRIVE | 2025-06 | $875,000 | 3,017 | 46.0% |
| 555 MCKENDIMEN ROAD | 2025-12 | $910,000 | 3,616 | 58.9% |
| 17 MACCLESFIELD DRIVE | 2025-05 | $1,125,000 | 4,372 | 44.4% |
| 2 WELLINGTON COURT | 2026-03 | $950,000 | 3,110 | 50.0% |
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