The Fair Share Report

86 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

≈ $247,280

Likely range $237,389 – $263,317, from 12 comparable Evesham sales in the past 18 months, at this home's 1,000 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 $247,280 home should be assessed near $150,791.

Step 3 · Assessed value

$130,000

Set at the last town-wide revaluation and mostly frozen since. That's $20,791 below what the ratio math suggests (13.8%).

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

$4,796/yr
Public schools$3,242
Burlington County$727
Town of Evesham$827
Evesham average$9,431

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

Town median 53.4%
This home · 52.6%

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
26 INVERNESS CIRCLE2026-01$260,0001,00050.0%
1 INVERNESS CIRCLE2025-11$220,5001,00066.9%
46 INVERNESS CIRCLE2025-06$295,0001,01242.7%
34 INVERNESS CIRCLE2025-03$241,0001,01265.2%
89 ELDON WAY2026-02$260,0001,02859.9%
74 BRIDGEWATER DRIVE2025-12$255,00099556.4%
34 BRIDGEWATER DRIVE2025-03$262,00099554.9%
44 CRANBERRY COURT2025-08$250,0001,01142.0%
43 CRANBERRY COURT2025-07$235,0001,01143.8%
13 PROVINCETOWN DRIVE2026-05$245,00099559.3%
17 CHELMSFORD COURT2026-03$282,50099551.4%
1 BRIDGEWATER DRIVE2026-03$284,00099550.6%

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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 →