The Fair Share Report

228 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

≈ $374,081

Likely range $328,342 – $382,364, 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 $374,081 home should be assessed near $228,227.

Step 3 · Assessed value

$226,000

Set at the last town-wide revaluation and mostly frozen since. That's $2,227 below what the ratio math suggests (1.0%).

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

$8,339/yr
Public schools$4,236
Burlington County$1,259
Town of Delanco$2,844
Delanco average$7,022

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

Town median 53.0%
This home · 60.4%

39%76%

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)

AddressSoldPriceSq ftRatio
312 HAZEL AVE2025-04$298,0002,04862.6%
235 MAPLE AVE2025-10$350,0001,90450.5%
317 MAPLE AVENUE2025-08$360,0001,96850.2%
840 LAUREL STREET2026-04$415,0002,22845.2%
719 HICKORY ST2026-02$350,0001,92047.1%
101 MAPLE AVENUE2025-07$675,0002,13052.6%
307 BURLINGTON AVE2025-09$395,0001,95054.0%
300 VINE ST2025-04$400,0001,63843.8%
221 MAPLE AVENUE2025-01$335,0001,48749.3%
4 SWAN COURT2025-02$316,5001,98856.0%
7 FOX COURT2026-01$303,8001,97658.3%
28 TEAL COURT2025-09$365,0001,97648.5%

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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 →