The Fair Share Report
7 Spruce Ln
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $333,206 – $418,931, from 12 comparable Evesham sales in the past 18 months, at this home's 1,460 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Evesham assessments sit below market value — republished every October, applied town-wide. A $389,714 home should be assessed near $237,648.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $56,852 above what the ratio math suggests (23.9%).
Step 4 · The tax rate — same for every Evesham home
$2.333 Schools · 68% $0.523 County · 15% $0.595 Town · 17%
Step 5 · The bill
This home vs. every recent Evesham sale · assessed ÷ market
39%94%
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 $1,962/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 229 POPLAR AVENUE | 2025-10 | $375,000 | 1,420 | 59.7% |
| 1620 MARLTON PIKE | 2025-05 | $450,000 | 1,612 | 53.8% |
| 238 PARK AVENUE | 2026-02 | $470,000 | 1,582 | 49.3% |
| 1525 MARLTON PIKE | 2025-06 | $330,000 | 1,184 | 61.1% |
| 906 CHESTERWOOD COURT | 2026-03 | $327,500 | 1,435 | 54.7% |
| 702 CHESTERWOOD COURT | 2025-06 | $308,000 | 1,435 | 58.8% |
| 135 WOODLAKE DRIVE | 2025-07 | $335,000 | 1,464 | 55.9% |
| 3 DOUGLAS TERRACE | 2026-04 | $500,000 | 1,356 | 43.9% |
| 43 KNOX BLVD | 2025-01 | $322,000 | 1,574 | 74.1% |
| 100 CAMBRIDGE AVENUE | 2025-11 | $410,000 | 1,536 | 50.9% |
| 41 CALDWELL AVENUE | 2025-08 | $450,000 | 1,490 | 51.6% |
| 41 CALDWELL AVENUE | 2025-06 | $280,000 | 1,490 | 82.9% |
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