The Fair Share Report

410 Third St

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

≈ $317,652

Likely range $290,116 – $351,939, from 12 comparable Delanco sales in the past 18 months, at this home's 1,208 sq ft.

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 $317,652 home should be assessed near $193,799.

Step 3 · Assessed value

$178,900

Set at the last town-wide revaluation and mostly frozen since. That's $14,899 below what the ratio math suggests (7.7%).

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

$6,601/yr
Public schools$3,353
Burlington County$997
Town of Delanco$2,251
Delanco average$7,022

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

Town median 53.0%
This home · 56.3%

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
8 EDWARDS AVE2025-08$280,0001,18464.0%
2822 BURLINGTON AV2025-10$371,7501,27642.2%
411 ILLINOIS AVENUE2025-07$325,0001,12046.8%
512 UNION AVE2025-05$185,0001,13477.2%
409 WEST AVE2025-06$330,0001,04042.4%
2824 COLGATE AV2025-03$320,0001,21154.9%
401 FENIMORE LANE2025-05$360,0001,48852.5%
300 LILAC LANE2026-05$426,0001,64046.0%
419 DELVIEW LANE2026-04$315,00088442.1%
318 CENTER AVE2025-05$345,0001,31253.2%
449 WEST AVE2025-08$334,00086436.6%
420 KANSAS AVE2025-06$207,50086453.6%

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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 →