The Fair Share Report
22 Teal Ct
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 $255,000 – $275,000, from 12 comparable Delanco sales in the past 18 months, at this home's 1,080 sq ft.
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 $265,000 home should be assessed near $161,677.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $18,677 below what the ratio math suggests (11.6%).
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%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 2 TEAL COURT | 2025-10 | $275,000 | 1,080 | 52.5% |
| 1 FOX COURT | 2025-09 | $287,000 | 1,080 | 50.3% |
| 13 RIVER LANE | 2026-03 | $262,000 | 1,080 | 54.9% |
| 5 RIVER LANE | 2026-01 | $265,000 | 1,080 | 53.7% |
| 22 SWAN COURT | 2025-08 | $275,000 | 1,080 | 51.3% |
| 18 SWAN COURT | 2025-08 | $253,000 | 1,080 | 56.3% |
| 26 SWAN COURT | 2025-07 | $255,000 | 1,080 | 55.6% |
| 6 SWAN COURT | 2025-04 | $240,000 | 1,080 | 59.1% |
| 7 TROUT TRAIL | 2025-07 | $269,000 | 1,080 | 49.3% |
| 38 SWAN COURT | 2025-06 | $288,000 | 1,300 | 52.3% |
| 19 EMERY WAY | 2025-08 | $410,000 | 1,446 | 46.0% |
| 11 MCCAY WAY | 2025-12 | $375,000 | 1,440 | 49.4% |
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