The Fair Share Report

511 Ash 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.

Step 1 · Market value

≈ $342,344

Likely range $312,826 – $400,040, from 12 comparable Delanco sales in the past 18 months, at this home's 1,878 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 $342,344 home should be assessed near $208,864.

Step 3 · Assessed value

$145,000

Set at the last town-wide revaluation and mostly frozen since. That's $63,864 below what the ratio math suggests (30.6%).

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

$5,351/yr
Public schools$2,718
Burlington County$808
Town of Delanco$1,825
Delanco average$7,022

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

Town median 53.0%
This home · 42.4%

31%76%

Keep quiet and enjoy it

This home's assessment ratio sits below the Delanco pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
860 PENNSYLVANIA AVE2025-09$255,0001,69670.0%
719 HICKORY ST2026-02$350,0001,92047.1%
308 BURLINGTON AVE2025-09$44,0002,13470.9%
304 BURLINGTON AVE2025-06$300,0001,80143.4%
400 BURLINGTON AVE2026-02$275,0001,66948.3%
315 BURLINGTON AVE2025-12$490,0002,68839.5%
15 WALTON WAY2026-03$465,0001,95556.6%
307 BURLINGTON AVE2025-09$395,0001,95054.0%
20 WILSON WAY2025-10$335,0001,86848.1%
11 OSMOND WAY2025-07$350,0001,86845.4%
235 MAPLE AVE2025-10$350,0001,90450.5%
28 SHIPPS WAY2025-11$433,0001,73249.8%

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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 →