The Fair Share Report
212 E Broad St
Burlington, 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 $279,520 – $419,892, from 12 comparable Burlington sales in the past 18 months, at this home's 2,488 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Burlington assessments sit below market value — republished every October, applied town-wide. A $340,724 home should be assessed near $215,269.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $57,769 below what the ratio math suggests (26.8%).
Step 4 · The tax rate — same for every Burlington home
$2.369 Schools · 53% $0.517 County · 12% $1.555 Town · 35%
Step 5 · The bill
This home vs. every recent Burlington sale · assessed ÷ market
32%82%
Paying about right
This home's ratio lands inside Burlington'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 |
|---|---|---|---|---|
| 450 LOCUST AVE | 2026-01 | $375,000 | 2,222 | 52.2% |
| 318 E UNION ST | 2026-01 | $410,000 | 2,600 | 46.6% |
| 422 LOCUST AVE | 2025-07 | $309,500 | 2,260 | 52.3% |
| 211 E BROAD ST | 2025-07 | $257,500 | 2,292 | 59.8% |
| 419 LOCUST AVE | 2025-11 | $300,000 | 2,214 | 62.0% |
| 438 W BROAD ST | 2025-09 | $319,900 | 2,098 | 47.2% |
| 110 E SEVENTH ST | 2025-01 | $365,000 | 2,372 | 53.4% |
| 154 FERNWOOD AVE | 2025-05 | $450,000 | 2,515 | 56.9% |
| 526 YORK ST | 2025-05 | $155,000 | 2,016 | 48.3% |
| 202 W UNION ST | 2025-12 | $299,900 | 2,232 | 58.0% |
| 116 E BROAD ST | 2025-11 | $186,000 | 2,515 | 64.5% |
| 702 BORDENTOWN RD | 2025-12 | $235,000 | 2,064 | 69.4% |
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