The Fair Share Report

87 Lowell Dr

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

≈ $544,947

Likely range $474,281 – $591,833, 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 $544,947 home should be assessed near $332,309.

Step 3 · Assessed value

$282,000

Set at the last town-wide revaluation and mostly frozen since. That's $50,309 below what the ratio math suggests (15.1%).

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

$10,153/yr
Public schools$6,864
Burlington County$1,539
Town of Evesham$1,751
Evesham average$9,431

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

Town median 53.4%
This home · 51.7%

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
58 MORNING GLORY DRIVE2025-07$580,0001,96448.1%
208 STALLION COURT2026-01$575,0001,96655.1%
33 COLTS GAIT ROAD2026-02$540,0001,96563.6%
25 HUXLEY CIRCLE2025-03$560,0001,93054.8%
8 JONQUIL PLACE2025-12$579,9991,96447.2%
1 CARTER LANE2025-09$540,0002,21459.1%
1005 ANDOVER COURT2026-01$440,0001,99656.3%
1003 ANDOVER COURT2025-08$470,0001,99650.2%
19 PHOENIX ROAD2025-06$710,9002,06450.6%
402 BREEDERS COURT2025-08$695,0002,20455.6%
17 ALCOTT WAY2025-06$600,0001,85450.3%
406 BERKSHIRE WAY2026-05$415,0001,99241.0%

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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 →