The Fair Share Report
1606 Second St
Delanco, NJ 08620
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $469,358 – $571,305, from 12 comparable Delanco 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 Delanco assessments sit below market value — republished every October, applied town-wide. A $529,086 home should be assessed near $322,795.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $127,205 above what the ratio math suggests (39.4%).
Step 4 · The tax rate — same for every Delanco home
$1.820 Schools · 51% $0.541 County · 15% $1.222 Town · 34%
Step 5 · The bill
This home vs. every recent Delanco sale · assessed ÷ market
39%101%
Looks meaningfully over-assessed
Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (70.16%) — roughly $4,558/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 306 FENIMORE LANE | 2025-08 | $470,306 | 2,604 | 55.8% |
| 206 FENIMORE LANE | 2025-09 | $465,000 | 2,248 | 51.7% |
| 101 MAPLE AVENUE | 2025-07 | $675,000 | 2,130 | 52.6% |
| 15 SWAN COURT | 2025-09 | $366,000 | 2,156 | 57.1% |
| 4 TURTLE COURT | 2025-01 | $329,900 | 2,124 | 57.3% |
| 10 FAWN COURT | 2025-10 | $370,000 | 2,156 | 57.3% |
| 9 SWAN COURT | 2025-06 | $379,000 | 2,112 | 52.9% |
| 12 FAWN COURT | 2025-12 | $393,000 | 2,146 | 53.3% |
| 7 SWAN COURT | 2025-03 | $355,000 | 2,102 | 58.5% |
| 222 MAGNOLIA LANE | 2026-02 | $292,500 | 2,773 | 82.1% |
| 222 MAGNOLIA LANE | 2026-01 | $220,000 | 2,773 | 109.1% |
| 6 FAWN COURT | 2026-03 | $389,000 | 2,134 | 48.8% |
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