The Fair Share Report

513 Union 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

≈ $296,941

Likely range $229,688 – $337,495, from 12 comparable Delanco sales in the past 18 months, at this home's 1,394 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 $296,941 home should be assessed near $181,164.

Step 3 · Assessed value

$137,000

Set at the last town-wide revaluation and mostly frozen since. That's $44,164 below what the ratio math suggests (24.4%).

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

$5,055/yr
Public schools$2,568
Burlington County$763
Town of Delanco$1,724
Delanco average$7,022

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

Town median 53.0%
This home · 46.1%

35%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
223 WALTER AVE2025-02$307,0001,42155.1%
712 HICKORY ST2025-01$115,0001,476125.3%
400 BURLINGTON AVE2026-02$275,0001,66948.3%
635 LAUREL ST2026-02$345,0001,42545.6%
429 POPLAR ST2025-09$240,0001,45246.2%
416 POPLAR ST2025-06$279,9001,31435.8%
323 WALNUT ST2025-12$320,0001,29649.9%
300 VINE ST2025-04$400,0001,63843.8%
318 CENTER AVE2025-05$345,0001,31253.2%
400 BUTTONWOOD ST2025-07$230,0001,24856.8%
232 WASHINGTON ST2025-08$135,5001,04478.1%
221 MAPLE AVENUE2025-01$335,0001,48749.3%

Is this your house?

Run your own report →

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 →