The Fair Share Report

37 Thomas Ave

Maple Shade, NJ 08052

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

≈ $427,407

Likely range $390,933 – $504,188, 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

57.36%

The state's official measure of how far Maple Shade assessments sit below market value — republished every October, applied town-wide. A $427,407 home should be assessed near $245,161.

Step 3 · Assessed value

$269,400

Set at the last town-wide revaluation and mostly frozen since. That's $24,239 above what the ratio math suggests (9.9%).

Step 4 · The tax rate — same for every Maple Shade home

$3.957 per $100 assessed

$2.429 Schools · 61% $0.562 County · 14% $0.967 Town · 24%

This home's own bill implies $3.865 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$10,413/yr
Public schools$6,390
Burlington County$1,479
Town of Maple Shade$2,544
Maple Shade average$6,414

This home vs. every recent Maple Shade sale · assessed ÷ market

Town median 50.1%
This home · 63.0%

37%74%

Paying about right

This home's ratio lands inside Maple Shade'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
19 S CHESTNUT AVE2025-12$375,0002,07252.1%
121 BEECHWOOD AVE2025-07$400,0001,90448.3%
102 S POPLAR AVE2025-07$416,5252,35356.6%
11 E WOODCREST AVE2025-02$430,0001,94948.4%
321 W CENTER AVE2025-07$250,0002,05483.4%
552 S FORKLANDING RD2025-01$675,0002,46045.6%
11 FREDERICK AVE2025-02$325,0001,82456.4%
231 S COLES AVE2025-01$412,5001,74250.2%
702 E MAIN ST2026-01$505,0001,85544.1%
642 S FORKLANDING RD2025-01$275,0001,72459.0%
17 THEODORE AVE2025-04$400,0002,31252.4%
30 ORCHARD AVE2025-08$419,0002,19352.1%

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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 →