The Fair Share Report

515 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

≈ $272,018

Likely range $201,507 – $316,930, 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 $272,018 home should be assessed near $165,958.

Step 3 · Assessed value

$132,800

Set at the last town-wide revaluation and mostly frozen since. That's $33,158 below what the ratio math suggests (20.0%).

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

$4,900/yr
Public schools$2,489
Burlington County$740
Town of Delanco$1,671
Delanco average$7,022

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

Town median 53.0%
This home · 48.8%

36%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
416 POPLAR ST2025-06$279,9001,31435.8%
429 POPLAR ST2025-09$240,0001,45246.2%
400 BUTTONWOOD ST2025-07$230,0001,24856.8%
860 PENNSYLVANIA AVE2025-09$255,0001,69670.0%
2822 BURLINGTON AV2025-10$371,7501,27642.2%
38 SWAN COURT2025-06$288,0001,30052.3%
304 BURLINGTON AVE2025-06$300,0001,80143.4%
232 WASHINGTON ST2025-08$135,5001,04478.1%
8 EDWARDS AVE2025-08$280,0001,18464.0%
401 FENIMORE LANE2025-05$360,0001,48852.5%
635 LAUREL ST2026-02$345,0001,42545.6%
13 RIVER LANE2026-03$262,0001,08054.9%

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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 →