The Fair Share Report

9 Mitchell Ct

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.

Step 1 · Market value

≈ $884,797

Likely range $840,259 – $973,681, from 12 comparable Medford sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

57.82%

The state's official measure of how far Medford assessments sit below market value — republished every October, applied town-wide. A $884,797 home should be assessed near $511,590.

Step 3 · Assessed value

$427,000

Set at the last town-wide revaluation and mostly frozen since. That's $84,590 below what the ratio math suggests (16.5%).

Step 4 · The tax rate — same for every Medford home

$3.753 per $100 assessed

$2.641 Schools · 70% $0.564 County · 15% $0.549 Town · 15%

Step 5 · The bill

$16,030/yr
Public schools$11,277
Burlington County$2,408
Town of Medford$2,344
Medford average$12,430

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

Town median 51.0%
This home · 48.3%

38%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)

AddressSoldPriceSq ftRatio
4 EYDON COURT2025-12$905,0003,06448.6%
70 WESTMONT DRIVE2025-09$975,0003,15151.1%
6 DERBY COURT2026-01$826,0002,81048.9%
87 WESTMONT DRIVE2025-05$990,0003,15151.2%
71 WESTMONT DRIVE2025-09$995,0003,24353.1%
4 BEDFORD DRIVE2026-04$820,0003,00851.8%
38 MONTCLAIRE ROAD2025-06$695,0002,77448.8%
12 KESWICK PATH2025-11$790,0002,92149.8%
90 LIVERPOOL WAY2025-06$850,0003,22050.1%
21 BALDWIN COURT2025-09$790,0002,75257.5%
4 MITCHELL COURT2025-06$750,0002,65451.0%
75 LIVERPOOL WAY2026-04$940,0003,45349.1%

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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 →