The Fair Share Report

5 Denning Ln

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

≈ $582,920

Likely range $519,382 – $623,433, from 12 comparable Delanco sales in the past 18 months (home size estimated from assessor data — range widened).

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 $582,920 home should be assessed near $355,639.

Step 3 · Assessed value

$299,900

Set at the last town-wide revaluation and mostly frozen since. That's $55,739 below what the ratio math suggests (15.7%).

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

$11,066/yr
Public schools$5,621
Burlington County$1,671
Town of Delanco$3,774
Delanco average$7,022

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

Town median 53.0%
This home · 51.4%

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)

AddressSoldPriceSq ftRatio
6 PRESTON LANE2026-03$505,0002,41860.6%
77 PENNINGTON COURT2026-01$540,0002,87555.0%
33 WALTON WAY2025-04$500,0002,41862.9%
36 WALTON WAY2025-06$480,0002,15559.1%
72 EAST SHIPP'S WAY2025-11$456,0002,38956.1%
21 PENNINGTON COURT2025-03$475,0002,34451.8%
25 PENNINGTON COURT2025-07$510,0002,34451.2%
8 MCCAY WAY2025-09$515,0002,35355.2%
67 PENNINGTON COURT2026-03$515,0002,34453.0%
39 PENNINGTON COURT2025-09$515,0002,34449.1%
315 BURLINGTON AVE2025-12$490,0002,68839.5%
15 WALTON WAY2026-03$465,0001,95556.6%

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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 →