The Fair Share Report
9 Centennial Dr E
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 $583,529 – $781,935, 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 $678,757 home should be assessed near $392,457.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $141,943 above what the ratio math suggests (36.2%).
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
38%97%
Looks meaningfully over-assessed
Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (66.49%) — roughly $5,327/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 101 CHURCH ROAD | 2025-11 | $600,000 | 2,823 | 50.3% |
| 7 PONTIAC DRIVE | 2026-02 | $840,000 | 2,761 | 52.6% |
| 5 PLEASANT MILL COURT | 2026-04 | $595,000 | 2,851 | 64.2% |
| 35 OHIO TRAIL | 2025-08 | $500,000 | 2,820 | 56.3% |
| 26 GLEN LAKE DRIVE | 2026-02 | $689,900 | 2,910 | 51.3% |
| 109 HEATH ROAD | 2025-01 | $740,000 | 2,888 | 50.4% |
| 8 WETHERSFIELD DRIVE | 2026-04 | $851,000 | 2,921 | 48.9% |
| 3 GRAND COACH COURT | 2025-09 | $592,000 | 3,089 | 59.4% |
| 4 GRAND COACH COURT | 2025-11 | $550,000 | 2,630 | 53.8% |
| 11 HADLEY DRIVE | 2025-06 | $875,000 | 3,017 | 46.0% |
| 14 GLEN LAKE DRIVE | 2025-12 | $695,000 | 2,815 | 55.8% |
| 63 SKEET ROAD | 2026-03 | $340,000 | 2,816 | 72.1% |
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