The Fair Share Report
10 Morrison Dr
Delanco, NJ 08075
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 $461,898 – $556,938, from 12 comparable Delanco 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 Delanco assessments sit below market value — republished every October, applied town-wide. A $518,404 home should be assessed near $316,278.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $46,378 below what the ratio math suggests (14.7%).
Step 4 · The tax rate — same for every Delanco home
$1.820 Schools · 51% $0.541 County · 15% $1.222 Town · 34%
Step 5 · The bill
This home vs. every recent Delanco sale · assessed ÷ market
39%76%
Paying about right
This home's ratio lands inside Delanco's normal band. The drift hasn't singled it out — no case for a tax appeal.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 6 PRESTON LANE | 2026-03 | $505,000 | 2,418 | 60.6% |
| 33 WALTON WAY | 2025-04 | $500,000 | 2,418 | 62.9% |
| 36 WALTON WAY | 2025-06 | $480,000 | 2,155 | 59.1% |
| 25 PENNINGTON COURT | 2025-07 | $510,000 | 2,344 | 51.2% |
| 67 PENNINGTON COURT | 2026-03 | $515,000 | 2,344 | 53.0% |
| 72 EAST SHIPP'S WAY | 2025-11 | $456,000 | 2,389 | 56.1% |
| 39 PENNINGTON COURT | 2025-09 | $515,000 | 2,344 | 49.1% |
| 21 PENNINGTON COURT | 2025-03 | $475,000 | 2,344 | 51.8% |
| 77 PENNINGTON COURT | 2026-01 | $540,000 | 2,875 | 55.0% |
| 8 MCCAY WAY | 2025-09 | $515,000 | 2,353 | 55.2% |
| 15 WALTON WAY | 2026-03 | $465,000 | 1,955 | 56.6% |
| 10 FAWN COURT | 2025-10 | $370,000 | 2,156 | 57.3% |
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