The Fair Share Report

34 River Ln

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

≈ $400,484

Likely range $371,044 – $419,352, from 12 comparable Delanco sales in the past 18 months, at this home's 2,197 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 $400,484 home should be assessed near $244,335.

Step 3 · Assessed value

$230,000

Set at the last town-wide revaluation and mostly frozen since. That's $14,335 below what the ratio math suggests (5.9%).

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

$8,487/yr
Public schools$4,311
Burlington County$1,281
Town of Delanco$2,895
Delanco average$7,022

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

Town median 53.0%
This home · 57.4%

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
10 FAWN COURT2025-10$370,0002,15657.3%
15 SWAN COURT2025-09$366,0002,15657.1%
12 FAWN COURT2025-12$393,0002,14653.3%
6 FAWN COURT2026-03$389,0002,13448.8%
9 SWAN COURT2025-06$379,0002,11252.9%
4 TURTLE COURT2025-01$329,9002,12457.3%
7 SWAN COURT2025-03$355,0002,10258.5%
67 PENNINGTON COURT2026-03$515,0002,34453.0%
25 PENNINGTON COURT2025-07$510,0002,34451.2%
21 PENNINGTON COURT2025-03$475,0002,34451.8%
39 PENNINGTON COURT2025-09$515,0002,34449.1%
11 TEAL COURT2025-08$370,0001,97647.8%

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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 →