The Fair Share Report
405 Union 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $317,355 – $352,941, from 12 comparable Delanco sales in the past 18 months, at this home's 1,920 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Delanco assessments sit below market value — republished every October, applied town-wide. A $334,313 home should be assessed near $203,964.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $30,164 below what the ratio math suggests (14.8%).
Step 4 · The tax rate — same for every Delanco home
$1.820 Schools · 51% $0.541 County · 15% $1.222 Town · 34%
Step 5 · The bill
This home vs. every recent Delanco sale · assessed ÷ market
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 511 ASH ST | 2025-10 | $327,000 | 1,878 | 44.3% |
| 304 BURLINGTON AVE | 2025-06 | $300,000 | 1,801 | 43.4% |
| 308 BURLINGTON AVE | 2025-09 | $44,000 | 2,134 | 70.9% |
| 860 PENNSYLVANIA AVE | 2025-09 | $255,000 | 1,696 | 70.0% |
| 719 HICKORY ST | 2026-02 | $350,000 | 1,920 | 47.1% |
| 429 POPLAR ST | 2025-09 | $240,000 | 1,452 | 46.2% |
| 635 LAUREL ST | 2026-02 | $345,000 | 1,425 | 45.6% |
| 400 BURLINGTON AVE | 2026-02 | $275,000 | 1,669 | 48.3% |
| 315 BURLINGTON AVE | 2025-12 | $490,000 | 2,688 | 39.5% |
| 2 TIEMAN CIRCLE | 2025-04 | $499,000 | 1,936 | 51.6% |
| 235 MAPLE AVE | 2025-10 | $350,000 | 1,904 | 50.5% |
| 307 BURLINGTON AVE | 2025-09 | $395,000 | 1,950 | 54.0% |
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