The Fair Share Report

23 Cherry Ave

Maple Shade, NJ 08052

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

≈ $277,841

Likely range $249,469 – $293,438, from 12 comparable Maple Shade sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

57.36%

The state's official measure of how far Maple Shade assessments sit below market value — republished every October, applied town-wide. A $277,841 home should be assessed near $159,370.

Step 3 · Assessed value

$119,100

Set at the last town-wide revaluation and mostly frozen since. That's $40,270 below what the ratio math suggests (25.3%).

Step 4 · The tax rate — same for every Maple Shade home

$3.957 per $100 assessed

$2.429 Schools · 61% $0.562 County · 14% $0.967 Town · 24%

Step 5 · The bill

$4,714/yr
Public schools$2,893
Burlington County$669
Town of Maple Shade$1,152
Maple Shade average$6,414

This home vs. every recent Maple Shade sale · assessed ÷ market

Town median 50.1%
This home · 42.9%

35%72%

Paying about right

This home's ratio lands inside Maple Shade'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
55 S CLINTON AVE2025-08$290,00091048.8%
142 S HOLLY AVE2025-01$320,00087843.1%
48 S CLINTON AVE2025-07$179,37584066.2%
231 S FORKLANDING RD2025-10$310,0001,04041.1%
202 S CEDAR AVE2026-01$245,00078254.0%
508 SUNSET AVE2025-11$230,0001,05660.5%
16 THEODORE AVE2025-06$280,00079640.1%
47 N MAPLE AVE2025-04$325,0001,14245.5%
35 S CLINTON AVE2025-03$300,0001,08244.3%
122 S CEDAR AVE2025-04$280,0001,22352.8%
217 S FELLOWSHIP RD2025-06$290,0001,04650.2%
327 S COLES AVE2026-01$289,90094845.8%

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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 →