The Fair Share Report

15 E Mill Rd

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

≈ $284,016

Likely range $257,494 – $369,367, 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 $284,016 home should be assessed near $162,912.

Step 3 · Assessed value

$161,500

Set at the last town-wide revaluation and mostly frozen since. That's $1,412 below what the ratio math suggests (0.9%).

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

$6,392/yr
Public schools$3,923
Burlington County$908
Town of Maple Shade$1,562
Maple Shade average$6,414

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

Town median 50.1%
This home · 56.9%

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
427 CUTLER AVE2026-04$360,0001,30045.1%
27 INDIAN QUEEN LA2026-03$320,0001,38147.8%
425 STILES AVE2025-11$345,0001,33744.4%
663 SUNSET AVE2025-09$260,0001,24869.7%
112 HIGH ST2025-04$280,0001,26252.3%
550 OXFORD DR2026-02$250,0001,34239.6%
500 E WOODLAWN AVE2025-10$380,0001,23646.4%
500 E WOODLAWN AVE2025-02$248,0001,23671.1%
540 N COLES AVE2025-03$255,0001,20453.7%
400 N FORKLANDING RD2026-03$345,0001,29444.3%
308B COLLINS LANE2025-06$379,9001,24844.6%
231 CRAWFORD AVE2025-06$240,0001,43066.5%

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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 →