The Fair Share Report

115 Frederick Ave

Maple Shade, NJ 08052

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

≈ $374,453

Likely range $317,215 – $420,940, from 12 comparable Maple Shade sales in the past 18 months, at this home's 1,616 sq ft.

Step 2 · The Director's Ratio

57.36%

The state's official measure of how far Maple Shade assessments sit below market value — republished every October, applied town-wide. A $374,453 home should be assessed near $214,786.

Step 3 · Assessed value

$200,000

Set at the last town-wide revaluation and mostly frozen since. That's $14,786 below what the ratio math suggests (6.9%).

Step 4 · The tax rate — same for every Maple Shade home

$3.957 per $100 assessed

$2.429 Schools · 61% $0.562 County · 14% $0.967 Town · 24%

Step 5 · The bill

$7,916/yr
Public schools$4,858
Burlington County$1,124
Town of Maple Shade$1,934
Maple Shade average$6,414

This home vs. every recent Maple Shade sale · assessed ÷ market

Town median 50.1%
This home · 53.4%

37%72%

Paying about right

This home's ratio lands inside Maple Shade'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
825 N FORKLANDING RD2025-02$485,0001,57650.2%
301 N COLES AVE2025-12$390,0001,60849.7%
642 S FORKLANDING RD2025-01$275,0001,72459.0%
41 W MILL RD2025-02$400,0001,51248.5%
31 S BOULEVARD AVE2025-12$330,0001,53554.3%
204 E MILL RD2025-09$250,0001,71285.0%
420 W FRONT ST2025-01$265,0001,35053.3%
66 W CENTER AVE2026-05$385,0001,49247.1%
2 GAINOR AVE2026-02$370,0001,49747.4%
835 CORNELL AVE2025-03$298,9001,38952.4%
702 E MAIN ST2026-01$505,0001,85544.1%
25 S HOLLY AVE2025-05$110,0001,656136.2%

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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 →