The Fair Share Report

208 Walnut St

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

≈ $372,848

Likely range $289,494 – $415,407, from 12 comparable Delanco sales in the past 18 months (home size estimated from assessor data — range widened).

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 $372,848 home should be assessed near $227,475.

Step 3 · Assessed value

$183,300

Set at the last town-wide revaluation and mostly frozen since. That's $44,175 below what the ratio math suggests (19.4%).

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%

This home's own bill implies $3.554 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$6,514/yr
Public schools$3,309
Burlington County$984
Town of Delanco$2,222
Delanco average$7,022

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

Town median 53.0%
This home · 49.2%

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
221 MAPLE AVENUE2025-01$335,0001,48749.3%
300 VINE ST2025-04$400,0001,63843.8%
235 MAPLE AVE2025-10$350,0001,90450.5%
312 HAZEL AVE2025-04$298,0002,04862.6%
317 MAPLE AVENUE2025-08$360,0001,96850.2%
318 CENTER AVE2025-05$345,0001,31253.2%
712 HICKORY ST2025-01$115,0001,476125.3%
76 WALTON WAY2025-03$422,0001,66756.3%
400 BURLINGTON AVE2026-02$275,0001,66948.3%
300 LILAC LANE2026-05$426,0001,64046.0%
323 WALNUT ST2025-12$320,0001,29649.9%
840 LAUREL STREET2026-04$415,0002,22845.2%

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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 →