The Fair Share Report

116 High St

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

≈ $298,594

Likely range $256,145 – $369,237, from 12 comparable Maple Shade sales in the past 18 months (home size estimated from assessor data — range widened).

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 $298,594 home should be assessed near $171,274.

Step 3 · Assessed value

$192,200

Set at the last town-wide revaluation and mostly frozen since. That's $20,926 above what the ratio math suggests (12.2%).

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

$7,607/yr
Public schools$4,669
Burlington County$1,080
Town of Maple Shade$1,859
Maple Shade average$6,414

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

Town median 50.1%
This home · 64.4%

37%80%

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
301 N COLES AVE2025-12$390,0001,60849.7%
41 W MILL RD2025-02$400,0001,51248.5%
66 W CENTER AVE2026-05$385,0001,49247.1%
420 W FRONT ST2025-01$265,0001,35053.3%
2 GAINOR AVE2026-02$370,0001,49747.4%
27 INDIAN QUEEN LA2026-03$320,0001,38147.8%
115 E KINGS HWY UNIT #3342025-10$220,0001,21651.0%
115 E KINGS HWY UNIT #1982025-04$245,0001,21646.7%
115 E KINGS HWY UNIT #4562025-03$215,0001,21653.3%
115 E KINGS HWY UNIT #3352025-01$220,0001,21647.0%
642 S FORKLANDING RD2025-01$275,0001,72459.0%
112 HIGH ST2025-04$280,0001,26252.3%

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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 →