The Fair Share Report

229 Willow St

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

≈ $480,691

Likely range $409,886 – $516,252, 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 $480,691 home should be assessed near $293,270.

Step 3 · Assessed value

$310,300

Set at the last town-wide revaluation and mostly frozen since. That's $17,030 above what the ratio math suggests (5.8%).

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

$11,450/yr
Public schools$5,816
Burlington County$1,729
Town of Delanco$3,905
Delanco average$7,022

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

Town median 53.0%
This home · 64.6%

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)

AddressSoldPriceSq ftRatio
306 FENIMORE LANE2025-08$470,3062,60455.8%
315 BURLINGTON AVE2025-12$490,0002,68839.5%
222 MAGNOLIA LANE2026-02$292,5002,77382.1%
222 MAGNOLIA LANE2026-01$220,0002,773109.1%
317-319 WALNUT ST2025-07$417,0002,56053.7%
206 FENIMORE LANE2025-09$465,0002,24851.7%
320 WALTER AVE2025-06$330,0003,02850.6%
77 PENNINGTON COURT2026-01$540,0002,87555.0%
860 PENNSYLVANIA AVE2025-09$255,0001,69670.0%
10 FAWN COURT2025-10$370,0002,15657.3%
15 SWAN COURT2025-09$366,0002,15657.1%
12 FAWN COURT2025-12$393,0002,14653.3%

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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 →