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.
This home's full record →Check another house →
Step 1 · Market value
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
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
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
$2.429 Schools · 61% $0.562 County · 14% $0.967 Town · 24%
Step 5 · The bill
This home vs. every recent Maple Shade sale · assessed ÷ market
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 55 S CLINTON AVE | 2025-08 | $290,000 | 910 | 48.8% |
| 142 S HOLLY AVE | 2025-01 | $320,000 | 878 | 43.1% |
| 48 S CLINTON AVE | 2025-07 | $179,375 | 840 | 66.2% |
| 231 S FORKLANDING RD | 2025-10 | $310,000 | 1,040 | 41.1% |
| 202 S CEDAR AVE | 2026-01 | $245,000 | 782 | 54.0% |
| 508 SUNSET AVE | 2025-11 | $230,000 | 1,056 | 60.5% |
| 16 THEODORE AVE | 2025-06 | $280,000 | 796 | 40.1% |
| 47 N MAPLE AVE | 2025-04 | $325,000 | 1,142 | 45.5% |
| 35 S CLINTON AVE | 2025-03 | $300,000 | 1,082 | 44.3% |
| 122 S CEDAR AVE | 2025-04 | $280,000 | 1,223 | 52.8% |
| 217 S FELLOWSHIP RD | 2025-06 | $290,000 | 1,046 | 50.2% |
| 327 S COLES AVE | 2026-01 | $289,900 | 948 | 45.8% |
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