The Fair Share Report

101 Maple Ave

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.

Step 1 · Market value

≈ $384,697

Likely range $276,089 – $431,462, from 12 comparable Delanco sales in the past 18 months, at this home's 2,130 sq ft.

Step 2 · The Director's Ratio

61.01%

The state's official measure of how far Delanco assessments sit below market value — republished every October, applied town-wide. A $384,697 home should be assessed near $234,704.

Step 3 · Assessed value

$355,100

Set at the last town-wide revaluation and mostly frozen since. That's $120,396 above what the ratio math suggests (51.3%).

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

$3.583 per $100 assessed

$1.820 Schools · 51% $0.541 County · 15% $1.222 Town · 34%

Step 5 · The bill

$12,853/yr
Public schools$6,529
Burlington County$1,941
Town of Delanco$4,384
Delanco average$7,022

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

Town median 53.0%
This home · 92.3%

39%134%

Looks meaningfully over-assessed

Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (70.16%) — roughly $4,314/yr at stake. NJ appeals are generally due April 1.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
206 FENIMORE LANE2025-09$465,0002,24851.7%
307 BURLINGTON AVE2025-09$395,0001,95054.0%
231 MAGNOLIA LANE2026-03$299,0001,81365.8%
231 MAGNOLIA LANE2026-03$235,0001,81383.8%
216 FENIMORE LANE2025-10$445,0001,81346.4%
317 MAPLE AVENUE2025-08$360,0001,96850.2%
306 FENIMORE LANE2025-08$470,3062,60455.8%
312 HAZEL AVE2025-04$298,0002,04862.6%
300 LILAC LANE2026-05$426,0001,64046.0%
222 MAGNOLIA LANE2026-02$292,5002,77382.1%
222 MAGNOLIA LANE2026-01$220,0002,773109.1%
840 LAUREL STREET2026-04$415,0002,22845.2%

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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 →