The Fair Share Report

18 Wolverton Pl

Delanco, NJ 08075

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

≈ $341,612

Likely range $290,891 – $391,732, from 12 comparable Delanco sales in the past 18 months, at this home's 1,542 sq ft.

Step 2 · The Director's Ratio

61.01%

The state's official measure of how far Delanco assessments sit below market value — republished every October, applied town-wide. A $341,612 home should be assessed near $208,417.

Step 3 · Assessed value

$195,100

Set at the last town-wide revaluation and mostly frozen since. That's $13,317 below what the ratio math suggests (6.4%).

Step 4 · The tax rate — same for every Delanco home

$3.583 per $100 assessed

$1.820 Schools · 51% $0.541 County · 15% $1.222 Town · 34%

Step 5 · The bill

$7,199/yr
Public schools$3,657
Burlington County$1,087
Town of Delanco$2,455
Delanco average$7,022

This home vs. every recent Delanco sale · assessed ÷ market

Town median 53.0%
This home · 57.1%

39%76%

Paying about right

This home's ratio lands inside Delanco'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
19 EMERY WAY2025-08$410,0001,44646.0%
11 MCCAY WAY2025-12$375,0001,44049.4%
22 WOLVERTON PLACE2025-09$355,0001,44052.1%
28 SHIPPS WAY2025-11$433,0001,73249.8%
6 CHARLES CIRCLE2025-07$335,0001,70044.9%
8 WOLVERTON PLACE2025-03$460,0001,73256.1%
15 SHIPPS WAY2026-05$440,0001,73249.5%
6 EAGLE LANE2025-10$280,0001,78966.9%
1 OSMOND WAY2026-01$334,9001,80246.5%
22 RIVER LANE2026-04$368,0001,78955.0%
70 RIVER LANE2025-08$357,5001,78955.5%
38 SWAN COURT2025-06$288,0001,30052.3%

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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 →