The Fair Share Report
218 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 $289,315 – $354,913, 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 $346,159 home should be assessed near $211,192.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $8,008 above what the ratio math suggests (3.8%).
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%81%
A touch high — worth watching
This home's ratio sits above most of Delanco, but doesn't clear NJ's legal appeal line (70.16%).
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 860 PENNSYLVANIA AVE | 2025-09 | $255,000 | 1,696 | 70.0% |
| 20 WILSON WAY | 2025-10 | $335,000 | 1,868 | 48.1% |
| 11 OSMOND WAY | 2025-07 | $350,000 | 1,868 | 45.4% |
| 719 HICKORY ST | 2026-02 | $350,000 | 1,920 | 47.1% |
| 216 FENIMORE LANE | 2025-10 | $445,000 | 1,813 | 46.4% |
| 1 OSMOND WAY | 2026-01 | $334,900 | 1,802 | 46.5% |
| 44 RIVER LANE | 2026-02 | $339,750 | 1,801 | 59.8% |
| 22 RIVER LANE | 2026-04 | $368,000 | 1,789 | 55.0% |
| 6 EAGLE LANE | 2025-10 | $280,000 | 1,789 | 66.9% |
| 70 RIVER LANE | 2025-08 | $357,500 | 1,789 | 55.5% |
| 7 FOX COURT | 2026-01 | $303,800 | 1,976 | 58.3% |
| 28 TEAL COURT | 2025-09 | $365,000 | 1,976 | 48.5% |
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