The Fair Share Report

1052 Maple Ave

Florence, NJ 08554

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

≈ $526,895

Likely range $423,677 – $626,512, from 12 comparable Florence sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

77.40%

The state's official measure of how far Florence assessments sit below market value — republished every October, applied town-wide. A $526,895 home should be assessed near $407,817.

Step 3 · Assessed value

$376,100

Set at the last town-wide revaluation and mostly frozen since. That's $31,717 below what the ratio math suggests (7.8%).

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

$2.789 per $100 assessed

$1.817 Schools · 65% $0.407 County · 15% $0.565 Town · 20%

Step 5 · The bill

$11,606/yr
Public schools$7,561
Burlington County$1,694
Town of Florence$2,351
Florence average$6,247

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

Town median 73.0%
This home · 71.4%

47%100%

Paying about right

This home's ratio lands inside Florence'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
725 FIFTH STREET2025-03$399,0002,28281.1%
872 GROVE STREET2025-08$530,0001,90463.0%
616 SEAMAN DR2025-08$728,9002,69954.1%
52 TALL TIMBER LANE2025-08$400,0002,15274.5%
10 ASPEN COURT2025-06$398,0001,79460.9%
906 SCHISLER DRIVE2025-03$395,0001,90073.0%
14 BARBEE CT2025-05$545,0002,18449.8%
1280 SCHOOL LANE2025-12$315,0001,96082.5%
122 RIDGWAY DR2025-08$527,0002,05447.4%
619 SIXTH ST EAST2025-01$550,0003,19275.7%
324 BIRCH HOLLOW DR2025-09$370,8001,65657.8%
343 BIRCH HOLLOW DR2025-01$360,0001,65658.3%

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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 →