The Fair Share Report

216 Maple 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.

Step 1 · Market value

≈ $322,877

Likely range $288,486 – $369,556, 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 $322,877 home should be assessed near $196,987.

Step 3 · Assessed value

$149,500

Set at the last town-wide revaluation and mostly frozen since. That's $47,487 below what the ratio math suggests (24.1%).

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

$5,517/yr
Public schools$2,802
Burlington County$833
Town of Delanco$1,881
Delanco average$7,022

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

Town median 53.0%
This home · 46.3%

35%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
2822 BURLINGTON AV2025-10$371,7501,27642.2%
8 EDWARDS AVE2025-08$280,0001,18464.0%
411 ILLINOIS AVENUE2025-07$325,0001,12046.8%
512 UNION AVE2025-05$185,0001,13477.2%
409 WEST AVE2025-06$330,0001,04042.4%
2824 COLGATE AV2025-03$320,0001,21154.9%
401 FENIMORE LANE2025-05$360,0001,48852.5%
300 LILAC LANE2026-05$426,0001,64046.0%
318 CENTER AVE2025-05$345,0001,31253.2%
323 WALNUT ST2025-12$320,0001,29649.9%
400 BUTTONWOOD ST2025-07$230,0001,24856.8%
419 DELVIEW LANE2026-04$315,00088442.1%

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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 →