The Fair Share Report
407 E Mill Rd
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $223,460 – $340,154, 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
The state's official measure of how far Maple Shade assessments sit below market value — republished every October, applied town-wide. A $273,590 home should be assessed near $156,931.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $8,631 below what the ratio math suggests (5.5%).
Step 4 · The tax rate — same for every Maple Shade home
$2.429 Schools · 61% $0.562 County · 14% $0.967 Town · 24%
Step 5 · The bill
This home vs. every recent Maple Shade sale · assessed ÷ market
37%72%
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 410 S FORKLANDING RD | 2026-02 | $232,500 | 1,212 | 56.3% |
| 215 MECRAY LANE | 2025-10 | $300,000 | 1,302 | 57.7% |
| 47 S LIPPINCOTT AVE | 2026-03 | $410,000 | 1,324 | 38.9% |
| 524 W MAIN ST | 2025-06 | $238,000 | 1,190 | 64.4% |
| 637 N MAPLE AVE | 2025-08 | $215,500 | 1,129 | 62.6% |
| 505 GREENWOOD AVE | 2025-11 | $202,500 | 1,180 | 77.7% |
| 47 N MAPLE AVE | 2025-04 | $325,000 | 1,142 | 45.5% |
| 21 N HOLLY AVE | 2025-06 | $260,000 | 980 | 50.1% |
| 33 W BROADWAY | 2025-08 | $260,000 | 1,233 | 59.7% |
| 540 N COLES AVE | 2025-03 | $255,000 | 1,204 | 53.7% |
| 35 S CLINTON AVE | 2025-03 | $300,000 | 1,082 | 44.3% |
| 1041 FERNWOOD AVE | 2025-11 | $220,000 | 1,141 | 67.6% |
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