The Fair Share Report

29 Thomas 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

≈ $245,329

Likely range $238,893 – $282,500, from 12 comparable Maple Shade sales in the past 18 months, at this home's 1,356 sq ft.

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 $245,329 home should be assessed near $140,721.

Step 3 · Assessed value

$175,200

Set at the last town-wide revaluation and mostly frozen since. That's $34,479 above what the ratio math suggests (24.5%).

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

$6,934/yr
Public schools$4,256
Burlington County$985
Town of Maple Shade$1,694
Maple Shade average$6,414

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

Town median 50.1%
This home · 71.4%

37%79%

A touch high — worth watching

This home's ratio sits above most of Maple Shade, but doesn't clear NJ's legal appeal line (65.96%).

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
112 HIGH ST2025-04$280,0001,26252.3%
115 E KINGS HWY UNIT #3342025-10$220,0001,21651.0%
115 E KINGS HWY UNIT #1982025-04$245,0001,21646.7%
115 E KINGS HWY UNIT #4562025-03$215,0001,21653.3%
115 E KINGS HWY UNIT #3352025-01$220,0001,21647.0%
500 E WOODLAWN AVE2025-10$380,0001,23646.4%
500 E WOODLAWN AVE2025-02$248,0001,23671.1%
25 S CHURCH RD UNIT #1282026-05$200,0001,19257.2%
25 S CHURCH RD UNIT #1302025-04$210,0001,19253.4%
25 S CHURCH RD UNIT #1142025-01$168,0001,19263.8%
663 SUNSET AVE2025-09$260,0001,24869.7%
115 E KINGS HWY UNIT #2432026-05$214,0001,13644.7%

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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 →