The Fair Share Report

401 W 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.

Step 1 · Market value

≈ $307,996

Likely range $272,336 – $342,550, 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 $307,996 home should be assessed near $187,908.

Step 3 · Assessed value

$199,600

Set at the last town-wide revaluation and mostly frozen since. That's $11,692 above what the ratio math suggests (6.2%).

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

$7,365/yr
Public schools$3,741
Burlington County$1,112
Town of Delanco$2,512
Delanco average$7,022

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

Town median 53.0%
This home · 64.8%

39%79%

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
719 HICKORY ST2026-02$350,0001,92047.1%
400 BURLINGTON AVE2026-02$275,0001,66948.3%
511 ASH ST2025-10$327,0001,87844.3%
304 BURLINGTON AVE2025-06$300,0001,80143.4%
300 VINE ST2025-04$400,0001,63843.8%
712 HICKORY ST2025-01$115,0001,476125.3%
235 MAPLE AVE2025-10$350,0001,90450.5%
860 PENNSYLVANIA AVE2025-09$255,0001,69670.0%
223 WALTER AVE2025-02$307,0001,42155.1%
308 BURLINGTON AVE2025-09$44,0002,13470.9%
312 HAZEL AVE2025-04$298,0002,04862.6%
20 WILSON WAY2025-10$335,0001,86848.1%

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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 →