The Fair Share Report

4 Wolverton Pl

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

≈ $352,993

Likely range $295,027 – $359,014, 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 $352,993 home should be assessed near $215,361.

Step 3 · Assessed value

$209,700

Set at the last town-wide revaluation and mostly frozen since. That's $5,661 below what the ratio math suggests (2.6%).

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

$7,738/yr
Public schools$3,931
Burlington County$1,168
Town of Delanco$2,639
Delanco average$7,022

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

Town median 53.0%
This home · 59.4%

39%77%

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)

AddressSoldPriceSq ftRatio
20 WILSON WAY2025-10$335,0001,86848.1%
11 OSMOND WAY2025-07$350,0001,86845.4%
4 SWAN COURT2025-02$316,5001,98856.0%
11 TEAL COURT2025-08$370,0001,97647.8%
7 FOX COURT2026-01$303,8001,97658.3%
28 TEAL COURT2025-09$365,0001,97648.5%
23 FOX COURT2025-08$335,0001,97652.9%
1 OSMOND WAY2026-01$334,9001,80246.5%
6 EAGLE LANE2025-10$280,0001,78966.9%
28 SHIPPS WAY2025-11$433,0001,73249.8%
44 RIVER LANE2026-02$339,7501,80159.8%
22 RIVER LANE2026-04$368,0001,78955.0%

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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 →