The Fair Share Report

464 W Ave

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

≈ $482,056

Likely range $453,968 – $492,257, from 12 comparable Delanco sales in the past 18 months, at this home's 2,688 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 $482,056 home should be assessed near $294,102.

Step 3 · Assessed value

$303,300

Set at the last town-wide revaluation and mostly frozen since. That's $9,198 above what the ratio math suggests (3.1%).

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

$11,192/yr
Public schools$5,685
Burlington County$1,690
Town of Delanco$3,817
Delanco average$7,022

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

Town median 53.0%
This home · 62.9%

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)

AddressSoldPriceSq ftRatio
15 SWAN COURT2025-09$366,0002,15657.1%
4 TURTLE COURT2025-01$329,9002,12457.3%
10 FAWN COURT2025-10$370,0002,15657.3%
9 SWAN COURT2025-06$379,0002,11252.9%
12 FAWN COURT2025-12$393,0002,14653.3%
7 SWAN COURT2025-03$355,0002,10258.5%
6 FAWN COURT2026-03$389,0002,13448.8%
4 SWAN COURT2025-02$316,5001,98856.0%
11 TEAL COURT2025-08$370,0001,97647.8%
7 FOX COURT2026-01$303,8001,97658.3%
28 TEAL COURT2025-09$365,0001,97648.5%
23 FOX COURT2025-08$335,0001,97652.9%

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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 →