The Fair Share Report
14 Cherry Ave
Maple Shade, NJ 08052
The town adjusts for market price changes once a year — but only based on the average price change of all homes in the area. This report checks whether this house's assessment kept pace.
This home's payments are about right
It sits inside Maple Shade's normal range — market price changes haven't singled it out. No case for a tax appeal.
Step 1 · Market value
Likely range $273,852 – $352,748, 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
The state's official measure of how far Maple Shade assessments sit below market value — republished every October, applied town-wide. A $331,284 home should be assessed near $190,025.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $18,025 below what the ratio math suggests (9.5%).
Step 4 · The tax rate — same for every Maple Shade home
$2.429 Schools · 61% $0.562 County · 14% $0.967 Town · 24%
Step 5 · The bill
This home vs. every recent Maple Shade sale · assessed ÷ market
37%72%
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 36 E LINWOOD AVE | 2025-02 | $379,900 | 1,413 | 46.6% |
| 261 S FELLOWSHIP RD | 2025-07 | $315,000 | 1,485 | 53.1% |
| 50 S POPLAR AVE | 2025-08 | $328,000 | 1,374 | 54.0% |
| 33 N TERRACE AVE | 2025-03 | $380,000 | 1,402 | 44.7% |
| 31 S BOULEVARD AVE | 2025-12 | $330,000 | 1,535 | 54.3% |
| 122 S CEDAR AVE | 2025-04 | $280,000 | 1,223 | 52.8% |
| 12 OVERBROOK AVE | 2025-08 | $251,500 | 1,443 | 66.4% |
| 437 E MILL RD | 2025-11 | $275,000 | 1,440 | 49.6% |
| 505 GREENWOOD AVE | 2025-11 | $202,500 | 1,180 | 77.7% |
| 15 PAUL ROAD | 2025-08 | $365,000 | 1,510 | 50.6% |
| 47 S LIPPINCOTT AVE | 2026-03 | $410,000 | 1,324 | 38.9% |
| 19 ROSE AVE | 2025-08 | $275,000 | 1,412 | 49.3% |
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