The Fair Share Report

78 Eldon Way

Evesham, NJ 08016

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

≈ $255,953

Likely range $240,237 – $283,747, from 12 comparable Evesham sales in the past 18 months, at this home's 1,012 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 $255,953 home should be assessed near $156,080.

Step 3 · Assessed value

$154,500

Set at the last town-wide revaluation and mostly frozen since. That's $1,580 below what the ratio math suggests (1.0%).

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

$5,700/yr
Public schools$3,853
Burlington County$864
Town of Evesham$983
Evesham average$9,431

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

Town median 53.4%
This home · 60.4%

39%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
46 INVERNESS CIRCLE2025-06$295,0001,01242.7%
34 INVERNESS CIRCLE2025-03$241,0001,01265.2%
26 INVERNESS CIRCLE2026-01$260,0001,00050.0%
86 ELDON WAY2025-04$265,0001,00049.1%
89 ELDON WAY2026-02$260,0001,02859.9%
1 INVERNESS CIRCLE2025-11$220,5001,00066.9%
1105 SQUIRREL ROAD2026-02$265,0001,04559.5%
807 QUAIL ROAD2025-05$315,0001,04547.4%
905 RABBIT RUN ROAD2025-04$293,0001,04553.6%
1807 RABBIT RUN ROAD2025-04$318,0001,04549.9%
44 CRANBERRY COURT2025-08$250,0001,01142.0%
43 CRANBERRY COURT2025-07$235,0001,01143.8%

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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 →