The Fair Share Report
329 Delaware 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 $248,361 – $414,557, 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 $392,903 home should be assessed near $239,710.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $5,990 above what the ratio math suggests (2.5%).
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%104%
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 |
|---|---|---|---|---|
| 401 FENIMORE LANE | 2025-05 | $360,000 | 1,488 | 52.5% |
| 300 LILAC LANE | 2026-05 | $426,000 | 1,640 | 46.0% |
| 216 FENIMORE LANE | 2025-10 | $445,000 | 1,813 | 46.4% |
| 231 MAGNOLIA LANE | 2026-03 | $299,000 | 1,813 | 65.8% |
| 231 MAGNOLIA LANE | 2026-03 | $235,000 | 1,813 | 83.8% |
| 307 BURLINGTON AVE | 2025-09 | $395,000 | 1,950 | 54.0% |
| 2822 BURLINGTON AV | 2025-10 | $371,750 | 1,276 | 42.2% |
| 525 DELAWARE AVENUE | 2025-09 | $270,000 | 1,616 | 88.0% |
| 300 VINE ST | 2025-04 | $400,000 | 1,638 | 43.8% |
| 206 FENIMORE LANE | 2025-09 | $465,000 | 2,248 | 51.7% |
| 76 WALTON WAY | 2025-03 | $422,000 | 1,667 | 56.3% |
| 400 BURLINGTON AVE | 2026-02 | $275,000 | 1,669 | 48.3% |
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