The Fair Share Report
515 E Main St
Maple Shade, NJ 08052
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $243,175 – $334,337, from 12 comparable Maple Shade sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Maple Shade assessments sit below market value — republished every October, applied town-wide. A $307,068 home should be assessed near $176,134.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $31,334 below what the ratio math suggests (17.8%).
Step 4 · The tax rate — same for every Maple Shade home
$2.429 Schools · 61% $0.562 County · 14% $0.967 Town · 24%
Step 5 · The bill
This home vs. every recent Maple Shade sale · assessed ÷ market
37%72%
Paying about right
This home's ratio lands inside Maple Shade's normal band. The drift hasn't singled it out — no case for a tax appeal.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 540 N COLES AVE | 2025-03 | $255,000 | 1,204 | 53.7% |
| 112 S MAPLE AVE | 2026-01 | $320,000 | 1,152 | 51.4% |
| 524 W MAIN ST | 2025-06 | $238,000 | 1,190 | 64.4% |
| 206 E CENTER AVE | 2025-09 | $350,000 | 1,208 | 45.0% |
| 310 RUTH AVE | 2026-05 | $255,000 | 1,185 | 49.3% |
| 29 ROSE AVE | 2025-06 | $175,000 | 1,124 | 68.5% |
| 41 N CLINTON AVE | 2025-08 | $329,900 | 1,214 | 44.7% |
| 204 W GERMANTOWN AVE | 2025-10 | $250,000 | 1,052 | 54.0% |
| 400 N FORKLANDING RD | 2026-03 | $345,000 | 1,294 | 44.3% |
| 315 COLLINS LANE | 2025-06 | $273,500 | 1,224 | 56.7% |
| 425 STILES AVE | 2025-11 | $345,000 | 1,337 | 44.4% |
| 427 CUTLER AVE | 2026-04 | $360,000 | 1,300 | 45.1% |
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