The Fair Share Report
316 E Mill Rd
Maple Shade, NJ 08052
The town adjusts for market price changes once a year — but only based on the average price change of all homes in the area. This report checks whether this house's assessment kept pace.
A touch high — but not appeal-worthy
Above most of Maple Shade, but below NJ's legal appeal line (65.96%), where a case becomes winnable.
Step 1 · Market value
Likely range $201,952 – $249,639, 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 $220,543 home should be assessed near $126,503.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $19,197 above what the ratio math suggests (15.2%).
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%78%
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 115 E KINGS HWY UNIT #334 | 2025-10 | $220,000 | 1,216 | 51.0% |
| 115 E KINGS HWY UNIT #198 | 2025-04 | $245,000 | 1,216 | 46.7% |
| 115 E KINGS HWY UNIT #456 | 2025-03 | $215,000 | 1,216 | 53.3% |
| 115 E KINGS HWY UNIT #335 | 2025-01 | $220,000 | 1,216 | 47.0% |
| 25 S CHURCH RD UNIT #128 | 2026-05 | $200,000 | 1,192 | 57.2% |
| 25 S CHURCH RD UNIT #130 | 2025-04 | $210,000 | 1,192 | 53.4% |
| 25 S CHURCH RD UNIT #114 | 2025-01 | $168,000 | 1,192 | 63.8% |
| 206 E CENTER AVE | 2025-09 | $350,000 | 1,208 | 45.0% |
| 315 COLLINS LANE | 2025-06 | $273,500 | 1,224 | 56.7% |
| 14 KENT AVE | 2026-05 | $315,000 | 1,112 | 41.9% |
| 115 E KINGS HWY UNIT #243 | 2026-05 | $214,000 | 1,136 | 44.7% |
| 115 E KINGS HWY UNIT #360 | 2026-05 | $245,000 | 1,136 | 43.9% |
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