The Fair Share Report
8 Everett Dr
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 $470,238 – $576,383, 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 $504,995 home should be assessed near $291,988.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $67,288 below what the ratio math suggests (23.0%).
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
34%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 |
|---|---|---|---|---|
| 208 FALLS COURT | 2025-03 | $580,000 | 1,880 | 40.8% |
| 3 UTAH TRAIL | 2025-01 | $478,000 | 1,796 | 54.5% |
| 24 MAINE TRAIL | 2025-05 | $572,000 | 1,766 | 44.2% |
| 2 MAINE TRAIL | 2025-02 | $485,000 | 1,816 | 49.5% |
| 129 HICKORY LANE | 2025-09 | $500,000 | 1,578 | 48.4% |
| 85 TALLOWOOD DRIVE | 2026-04 | $600,000 | 2,064 | 49.8% |
| 17 VIRGINIA TRAIL | 2025-09 | $375,000 | 1,824 | 60.2% |
| 12 FRIAR TUCK DRIVE | 2026-04 | $605,000 | 2,204 | 47.4% |
| 11 FOXWOOD LANE | 2026-04 | $600,000 | 2,122 | 49.5% |
| 10 YORKSHIRE DRIVE | 2026-05 | $615,000 | 2,219 | 46.9% |
| 3 SCHOOL HOUSE DRIVE | 2026-05 | $707,000 | 1,996 | 44.5% |
| 74 ATSION COURT | 2025-04 | $529,500 | 2,050 | 55.6% |
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