The Fair Share Report

4 Austin Dr

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

≈ $489,041

Likely range $422,534 – $525,392, from 12 comparable Delanco sales in the past 18 months (home size estimated from assessor data — range widened).

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 $489,041 home should be assessed near $298,364.

Step 3 · Assessed value

$258,400

Set at the last town-wide revaluation and mostly frozen since. That's $39,964 below what the ratio math suggests (13.4%).

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

$9,535/yr
Public schools$4,843
Burlington County$1,440
Town of Delanco$3,252
Delanco average$7,022

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

Town median 53.0%
This home · 52.8%

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
33 WALTON WAY2025-04$500,0002,41862.9%
6 PRESTON LANE2026-03$505,0002,41860.6%
36 WALTON WAY2025-06$480,0002,15559.1%
72 EAST SHIPP'S WAY2025-11$456,0002,38956.1%
21 PENNINGTON COURT2025-03$475,0002,34451.8%
8 MCCAY WAY2025-09$515,0002,35355.2%
25 PENNINGTON COURT2025-07$510,0002,34451.2%
15 WALTON WAY2026-03$465,0001,95556.6%
67 PENNINGTON COURT2026-03$515,0002,34453.0%
10 FAWN COURT2025-10$370,0002,15657.3%
39 PENNINGTON COURT2025-09$515,0002,34449.1%
12 FAWN COURT2025-12$393,0002,14653.3%

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 →