The Fair Share Report
423 E Park Ave
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 $212,403 – $247,804, from 12 comparable Maple Shade sales in the past 18 months, at this home's 1,149 sq ft.
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 $232,632 home should be assessed near $133,438.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $38,762 above what the ratio math suggests (29.0%).
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%87%
Looks meaningfully over-assessed
Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (65.96%) — roughly $1,534/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 540 N COLES AVE | 2025-03 | $255,000 | 1,204 | 53.7% |
| 48 FIFTH AVE | 2026-05 | $350,000 | 1,104 | 40.6% |
| 308B COLLINS LANE | 2025-06 | $379,900 | 1,248 | 44.6% |
| 115 E KINGS HWY UNIT #243 | 2026-05 | $214,000 | 1,136 | 44.7% |
| 115 E KINGS HWY UNIT #360 | 2026-05 | $245,000 | 1,136 | 43.9% |
| 115 E KINGS HWY UNIT #125 | 2026-04 | $190,000 | 1,136 | 50.9% |
| 115 E KINGS HWY UNIT #444 | 2025-12 | $190,000 | 1,136 | 56.3% |
| 115 E KINGS HWY UNIT #386 | 2025-12 | $213,000 | 1,136 | 47.4% |
| 115 E KINGS HWY UNIT #443 | 2025-12 | $255,000 | 1,136 | 40.4% |
| 115 E KINGS HWY UNIT #442 | 2025-11 | $226,500 | 1,136 | 50.2% |
| 115 E KINGS HWY UNIT #216 | 2025-10 | $181,000 | 1,136 | 57.0% |
| 115 E KINGS HWY UNIT #450 | 2025-09 | $185,000 | 1,136 | 54.0% |
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