Medford Real Estate

European settlement in the area known as Medford began when 900 acres (360 ha) of land was sold to Samuel Coles in 1670. Within the next few years, the Braddock, Prickett, Stratton, Branin, and Wilkins families moved to the area (many of whom continue to live in the area today). Upper Evesham, as it was then known, continued to grow from scattered homesteads into a small village. Many of the buildings and roads built between the sale of the land and the American Revolutionary War are still in existence, including Oliphant's Mill, Christopher's Mill, and the Shamong Trail (now known as Stokes Road).

In 1820, when the Post Office opened, the area was officially called Medford of Upper Evesham, using a name that had been pushed by Mark Reeve, a developer who had recently visited Medford, Massachusetts.[21][22] On March 1, 1847, Medford Township was "set apart from" Evesham Township by Act of the New Jersey Legislature.[20] The first township meeting was held at the Cross Roads (County Route 541 and Church Road) on March 9, 1847. The seat of township government remained there for several years. Part of Medford Township was taken on February 19, 1852, to form Shamong Township. On March 14, 1860, portions were taken to form Lumberton Township. The borders remained unchanged until May 17, 1939, when Medford Lakes was formed.[20]

A thriving glass-making industry developed in Medford as early as 1825 with a glass-making furnace that manufactured window panes. By 1850, William Porter was operating a glass factory on a triangle of property formed by South Main Street, Mill Street, and Trimble Street. Glass-making operations continued on the property throughout the 1880s under company names including Medford Glass Works and Star Glass, which at its peak employed about 250 workers and built up a "company town" of sorts with houses for owners and managers and housing for workers. A company store enabled workers to exchange scrip for food and necessities. Glass-making operations ended around 1925, and the factory was torn down by the mid-1940s. Today, many of the nearly 30 workers' homes are neatly kept on Trimble and Mill Streets, as well as the owners' / managers' residence at 126 South Main Street and the company store at 132 South Main Street.[23]

Dr. James Still (1812–1882), a self-educated African-American physician known as "the Black Doctor of the Pines," lived and treated patients in Medford. Dr. Still's home was torn down in 1932, but his remaining office building was purchased for preservation by the State of New Jersey in 2006. Today it is the Dr. James Still Historic Office Site and Education Center.[24]

Medford's location along the Camden and Atlantic Railroad increased trade, and Medford expanded rapidly in the years after the Civil War. By the 1920s, the rail line had been dismantled, and the mill industry was in decline. Still, Medford's proximity to Philadelphia and Camden County allowed the township's growth to continue as many families moved from the city to a more rural area.

Medford - Town vs. County Stats

Avg Price in Medford: $559,000 / County Avg $605,700

92%

Avg Taxes in Medford: $9,900 / County Avg $7,900

126%

Avg Sq. Ft. in Medford: 2,104 / County Avg 2,169

97%

Avg Price per/sqft in Medford:$266 / County Avg $279

95%

Avg Year Built in Medford: 1974 / County Avg 1967

100%

Avg Days on Website in Medford: 9 / County Avg 50

18%

Medford Real Estate Market Health

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