The Fair Share Report

72 Wellesley 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

≈ $1,275,533

Likely range $1,064,681 – $1,469,103, 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 $1,275,533 home should be assessed near $777,820.

Step 3 · Assessed value

$600,400

Set at the last town-wide revaluation and mostly frozen since. That's $177,420 below what the ratio math suggests (22.8%).

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

$22,149/yr
Public schools$14,973
Burlington County$3,357
Town of Evesham$3,819
Evesham average$9,431

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

Town median 53.4%
This home · 47.1%

35%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
17 ABERDEEN COURT2025-12$1,450,0004,11748.8%
7 ABERDEEN COURT2025-10$1,650,0004,95249.0%
52 WELLESLEY WAY2025-02$1,200,0003,30956.0%
16 PALOMINO DRIVE2025-08$935,0003,51658.3%
38 COUNTRY SQUIRE LANE2025-05$859,0003,80763.6%
5 BENJAMIN WEST WAY2025-03$1,150,0003,69852.0%
21 GRANT WOOD WAY2025-05$1,300,0003,75455.6%
32 CARRINGTON WAY2025-08$1,060,0003,60059.1%
385 NORTH LOCUST AVENUE2025-03$900,0005,99375.6%
42 SOUTH LOCUST AVENUE2025-11$607,0004,72583.7%
19 GRANT WOOD WAY2025-05$935,0003,37259.4%
73 BORTONS ROAD2025-09$1,175,0003,60956.3%

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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 →