The Fair Share Report

43 Cherry 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.

Step 1 · Market value

≈ $311,365

Likely range $257,387 – $361,058, 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

57.36%

The state's official measure of how far Maple Shade assessments sit below market value — republished every October, applied town-wide. A $311,365 home should be assessed near $178,599.

Step 3 · Assessed value

$163,300

Set at the last town-wide revaluation and mostly frozen since. That's $15,299 below what the ratio math suggests (8.6%).

Step 4 · The tax rate — same for every Maple Shade home

$3.957 per $100 assessed

$2.429 Schools · 61% $0.562 County · 14% $0.967 Town · 24%

Step 5 · The bill

$6,463/yr
Public schools$3,967
Burlington County$918
Town of Maple Shade$1,579
Maple Shade average$6,414

This home vs. every recent Maple Shade sale · assessed ÷ market

Town median 50.1%
This home · 52.4%

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)

AddressSoldPriceSq ftRatio
505 GREENWOOD AVE2025-11$202,5001,18077.7%
31 S BOULEVARD AVE2025-12$330,0001,53554.3%
27 INDIAN QUEEN LA2026-03$320,0001,38147.8%
138 S POPLAR AVE2025-12$285,0001,24367.4%
36 E LINWOOD AVE2025-02$379,9001,41346.6%
21 PAUL ROAD2026-05$355,0001,33442.2%
50 S POPLAR AVE2025-08$328,0001,37454.0%
33 W BROADWAY2025-08$260,0001,23359.7%
12 OVERBROOK AVE2025-08$251,5001,44366.4%
206 RUTH AVE2025-10$355,0001,27842.6%
19 ROSE AVE2025-08$275,0001,41249.3%
53 N COLES AVE2025-04$325,0001,24855.7%

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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 →