The Fair Share Report
422 Second 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 $240,156 – $360,559, 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 $312,185 home should be assessed near $190,464.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $30,564 below what the ratio math suggests (16.0%).
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 |
|---|---|---|---|---|
| 223 WALTER AVE | 2025-02 | $307,000 | 1,421 | 55.1% |
| 712 HICKORY ST | 2025-01 | $115,000 | 1,476 | 125.3% |
| 400 BURLINGTON AVE | 2026-02 | $275,000 | 1,669 | 48.3% |
| 416 POPLAR ST | 2025-06 | $279,900 | 1,314 | 35.8% |
| 300 VINE ST | 2025-04 | $400,000 | 1,638 | 43.8% |
| 719 HICKORY ST | 2026-02 | $350,000 | 1,920 | 47.1% |
| 400 BUTTONWOOD ST | 2025-07 | $230,000 | 1,248 | 56.8% |
| 11 MCCAY WAY | 2025-12 | $375,000 | 1,440 | 49.4% |
| 19 EMERY WAY | 2025-08 | $410,000 | 1,446 | 46.0% |
| 22 WOLVERTON PLACE | 2025-09 | $355,000 | 1,440 | 52.1% |
| 860 PENNSYLVANIA AVE | 2025-09 | $255,000 | 1,696 | 70.0% |
| 221 MAPLE AVENUE | 2025-01 | $335,000 | 1,487 | 49.3% |
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