The Fair Share Report
207 Union Ave
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $235,541 – $278,899, 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 $264,010 home should be assessed near $161,073.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $34,173 below what the ratio math suggests (21.2%).
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%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 232 WASHINGTON ST | 2025-08 | $135,500 | 1,044 | 78.1% |
| 400 BUTTONWOOD ST | 2025-07 | $230,000 | 1,248 | 56.8% |
| 416 POPLAR ST | 2025-06 | $279,900 | 1,314 | 35.8% |
| 223 WALTER AVE | 2025-02 | $307,000 | 1,421 | 55.1% |
| 13 RIVER LANE | 2026-03 | $262,000 | 1,080 | 54.9% |
| 5 RIVER LANE | 2026-01 | $265,000 | 1,080 | 53.7% |
| 2 TEAL COURT | 2025-10 | $275,000 | 1,080 | 52.5% |
| 1 FOX COURT | 2025-09 | $287,000 | 1,080 | 50.3% |
| 22 SWAN COURT | 2025-08 | $275,000 | 1,080 | 51.3% |
| 18 SWAN COURT | 2025-08 | $253,000 | 1,080 | 56.3% |
| 7 TROUT TRAIL | 2025-07 | $269,000 | 1,080 | 49.3% |
| 26 SWAN COURT | 2025-07 | $255,000 | 1,080 | 55.6% |
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