The Fair Share Report

218 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

≈ $349,081

Likely range $327,174 – $442,699, 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 $349,081 home should be assessed near $212,974.

Step 3 · Assessed value

$213,900

Set at the last town-wide revaluation and mostly frozen since. That's $926 above what the ratio math suggests (0.4%).

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

$7,893/yr
Public schools$4,009
Burlington County$1,192
Town of Delanco$2,692
Delanco average$7,022

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

Town median 53.0%
This home · 61.3%

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
235 MAPLE AVE2025-10$350,0001,90450.5%
317 MAPLE AVENUE2025-08$360,0001,96850.2%
312 HAZEL AVE2025-04$298,0002,04862.6%
840 LAUREL STREET2026-04$415,0002,22845.2%
221 MAPLE AVENUE2025-01$335,0001,48749.3%
231 MAGNOLIA LANE2026-03$299,0001,81365.8%
231 MAGNOLIA LANE2026-03$235,0001,81383.8%
719 HICKORY ST2026-02$350,0001,92047.1%
307 BURLINGTON AVE2025-09$395,0001,95054.0%
216 FENIMORE LANE2025-10$445,0001,81346.4%
101 MAPLE AVENUE2025-07$675,0002,13052.6%
300 VINE ST2025-04$400,0001,63843.8%

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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 →