The Fair Share Report

94 Colts Gait Rd

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

≈ $691,092

Likely range $654,954 – $709,759, 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 $691,092 home should be assessed near $421,428.

Step 3 · Assessed value

$363,600

Set at the last town-wide revaluation and mostly frozen since. That's $57,828 below what the ratio math suggests (13.7%).

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

$13,413/yr
Public schools$9,068
Burlington County$2,033
Town of Evesham$2,313
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
21 MORNING GLORY DRIVE2025-04$660,0002,51748.3%
16 LOWELL DRIVE2026-04$707,0002,51046.1%
12 COLTS GAIT ROAD2025-06$670,0002,43650.8%
16 HIBISCUS DRIVE2025-12$652,5002,51648.0%
35 HUXLEY CIRCLE2026-03$705,0002,55846.7%
53 LOWELL DRIVE2025-10$757,5002,55843.6%
53 LOWELL DRIVE2025-07$700,0002,55847.1%
54 COLTS GAIT ROAD2025-08$635,0002,35265.5%
130 LOWELL DRIVE2025-07$675,0002,40147.3%
131 LOWELL DRIVE2025-04$675,0002,38947.7%
2 CLANCY COURT2025-03$740,0002,30242.3%
14 ALCOTT WAY2025-08$625,0002,46161.1%

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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 →