The Fair Share Report

304 Maple 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.

Step 1 · Market value

≈ $388,720

Likely range $353,246 – $397,156, from 12 comparable Delanco sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

61.01%

The state's official measure of how far Delanco assessments sit below market value — republished every October, applied town-wide. A $388,720 home should be assessed near $237,158.

Step 3 · Assessed value

$239,200

Set at the last town-wide revaluation and mostly frozen since. That's $2,042 above what the ratio math suggests (0.9%).

Step 4 · The tax rate — same for every Delanco home

$3.583 per $100 assessed

$1.820 Schools · 51% $0.541 County · 15% $1.222 Town · 34%

Step 5 · The bill

$8,826/yr
Public schools$4,483
Burlington County$1,333
Town of Delanco$3,010
Delanco average$7,022

This home vs. every recent Delanco sale · assessed ÷ market

Town median 53.0%
This home · 61.5%

39%76%

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)

AddressSoldPriceSq ftRatio
312 HAZEL AVE2025-04$298,0002,04862.6%
317 MAPLE AVENUE2025-08$360,0001,96850.2%
840 LAUREL STREET2026-04$415,0002,22845.2%
235 MAPLE AVE2025-10$350,0001,90450.5%
101 MAPLE AVENUE2025-07$675,0002,13052.6%
4 TURTLE COURT2025-01$329,9002,12457.3%
307 BURLINGTON AVE2025-09$395,0001,95054.0%
6 FAWN COURT2026-03$389,0002,13448.8%
308 BURLINGTON AVE2025-09$44,0002,13470.9%
9 SWAN COURT2025-06$379,0002,11252.9%
206 FENIMORE LANE2025-09$465,0002,24851.7%
12 FAWN COURT2025-12$393,0002,14653.3%

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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 →