The Fair Share Report
303 Union Ave
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $368,727 – $448,816, from 12 comparable Delanco 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 Delanco assessments sit below market value — republished every October, applied town-wide. A $415,649 home should be assessed near $253,587.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $13,713 above what the ratio math suggests (5.4%).
Step 4 · The tax rate — same for every Delanco home
$1.820 Schools · 51% $0.541 County · 15% $1.222 Town · 34%
Step 5 · The bill
This home vs. every recent Delanco sale · assessed ÷ market
39%78%
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 317-319 WALNUT ST | 2025-07 | $417,000 | 2,560 | 53.7% |
| 840 LAUREL STREET | 2026-04 | $415,000 | 2,228 | 45.2% |
| 306 FENIMORE LANE | 2025-08 | $470,306 | 2,604 | 55.8% |
| 206 FENIMORE LANE | 2025-09 | $465,000 | 2,248 | 51.7% |
| 10 FAWN COURT | 2025-10 | $370,000 | 2,156 | 57.3% |
| 15 SWAN COURT | 2025-09 | $366,000 | 2,156 | 57.1% |
| 12 FAWN COURT | 2025-12 | $393,000 | 2,146 | 53.3% |
| 320 WALTER AVE | 2025-06 | $330,000 | 3,028 | 50.6% |
| 719 HICKORY ST | 2026-02 | $350,000 | 1,920 | 47.1% |
| 312 HAZEL AVE | 2025-04 | $298,000 | 2,048 | 62.6% |
| 6 FAWN COURT | 2026-03 | $389,000 | 2,134 | 48.8% |
| 101 MAPLE AVENUE | 2025-07 | $675,000 | 2,130 | 52.6% |
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