The Fair Share Report
415 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $391,742 – $431,493, from 12 comparable Delanco 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 Delanco assessments sit below market value — republished every October, applied town-wide. A $420,902 home should be assessed near $256,792.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $3,508 above what the ratio math suggests (1.4%).
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%
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 15 SWAN COURT | 2025-09 | $366,000 | 2,156 | 57.1% |
| 4 TURTLE COURT | 2025-01 | $329,900 | 2,124 | 57.3% |
| 10 FAWN COURT | 2025-10 | $370,000 | 2,156 | 57.3% |
| 9 SWAN COURT | 2025-06 | $379,000 | 2,112 | 52.9% |
| 12 FAWN COURT | 2025-12 | $393,000 | 2,146 | 53.3% |
| 7 SWAN COURT | 2025-03 | $355,000 | 2,102 | 58.5% |
| 6 FAWN COURT | 2026-03 | $389,000 | 2,134 | 48.8% |
| 4 SWAN COURT | 2025-02 | $316,500 | 1,988 | 56.0% |
| 11 TEAL COURT | 2025-08 | $370,000 | 1,976 | 47.8% |
| 7 FOX COURT | 2026-01 | $303,800 | 1,976 | 58.3% |
| 28 TEAL COURT | 2025-09 | $365,000 | 1,976 | 48.5% |
| 23 FOX COURT | 2025-08 | $335,000 | 1,976 | 52.9% |
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