The Fair Share Report

310 Second St

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

≈ $367,500

Likely range $331,324 – $415,563, from 12 comparable Delanco sales in the past 18 months, at this home's 2,009 sq ft.

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 $367,500 home should be assessed near $224,212.

Step 3 · Assessed value

$208,800

Set at the last town-wide revaluation and mostly frozen since. That's $15,412 below what the ratio math suggests (6.9%).

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

$7,705/yr
Public schools$3,914
Burlington County$1,163
Town of Delanco$2,628
Delanco average$7,022

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

Town median 53.0%
This home · 56.8%

39%76%

Paying about right

This home's ratio lands inside Delanco's normal band. The drift hasn't singled it out — no case for a tax appeal.

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

AddressSoldPriceSq ftRatio
101 MAPLE AVENUE2025-07$675,0002,13052.6%
307 BURLINGTON AVE2025-09$395,0001,95054.0%
231 MAGNOLIA LANE2026-03$299,0001,81365.8%
231 MAGNOLIA LANE2026-03$235,0001,81383.8%
317 MAPLE AVENUE2025-08$360,0001,96850.2%
216 FENIMORE LANE2025-10$445,0001,81346.4%
312 HAZEL AVE2025-04$298,0002,04862.6%
300 LILAC LANE2026-05$426,0001,64046.0%
206 FENIMORE LANE2025-09$465,0002,24851.7%
235 MAPLE AVE2025-10$350,0001,90450.5%
306 FENIMORE LANE2025-08$470,3062,60455.8%
4 SWAN COURT2025-02$316,5001,98856.0%

Is this your house?

Run your own report →

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 →