The Fair Share Report
232 Spruce 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 $228,504 – $362,549, 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 $291,218 home should be assessed near $167,043.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $13,643 below what the ratio math suggests (8.2%).
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
37%73%
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 |
|---|---|---|---|---|
| 637 N MAPLE AVE | 2025-08 | $215,500 | 1,129 | 62.6% |
| 226 S PINE AVE | 2025-12 | $295,000 | 1,070 | 49.1% |
| 217 S FELLOWSHIP RD | 2025-06 | $290,000 | 1,046 | 50.2% |
| 122 S CEDAR AVE | 2025-04 | $280,000 | 1,223 | 52.8% |
| 25 S HOLLY AVE | 2025-05 | $110,000 | 1,656 | 136.2% |
| 33 N TERRACE AVE | 2025-03 | $380,000 | 1,402 | 44.7% |
| 206 RUTH AVE | 2025-10 | $355,000 | 1,278 | 42.6% |
| 226 RUTH AVE | 2025-10 | $195,000 | 1,284 | 70.4% |
| 508 SUNSET AVE | 2025-11 | $230,000 | 1,056 | 60.5% |
| 50 S POPLAR AVE | 2025-08 | $328,000 | 1,374 | 54.0% |
| 144 S MAPLE AVE | 2025-07 | $251,000 | 1,346 | 60.9% |
| 47 N MAPLE AVE | 2025-04 | $325,000 | 1,142 | 45.5% |
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