The Fair Share Report

596 Delaware Ave

Florence, NJ 08554

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

≈ $339,950

Likely range $181,510 – $363,835, from 12 comparable Florence sales in the past 18 months, at this home's 1,640 sq ft.

Step 2 · The Director's Ratio

77.40%

The state's official measure of how far Florence assessments sit below market value — republished every October, applied town-wide. A $339,950 home should be assessed near $263,121.

Step 3 · Assessed value

$188,800

Set at the last town-wide revaluation and mostly frozen since. That's $74,321 below what the ratio math suggests (28.2%).

Step 4 · The tax rate — same for every Florence home

$2.789 per $100 assessed

$1.817 Schools · 65% $0.407 County · 15% $0.565 Town · 20%

Step 5 · The bill

$5,826/yr
Public schools$3,796
Burlington County$850
Town of Florence$1,180
Florence average$6,247

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

Town median 73.0%
This home · 55.5%

46%109%

Paying about right

This home's ratio lands inside Florence'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
636 FRONT ST EAST2025-01$145,0001,423111.9%
118 SIXTH AVE2025-12$217,0001,62971.8%
118 SIXTH AVE2025-11$127,5001,629122.3%
324 BIRCH HOLLOW DR2025-09$370,8001,65657.8%
343 BIRCH HOLLOW DR2025-01$360,0001,65658.3%
14 ASPEN COURT2025-03$385,0001,59860.6%
17 CARTY DRIVE2026-03$330,0001,59283.3%
1000 THIRD ST WEST2025-05$180,0001,75276.9%
891 THIRD ST EAST2026-01$325,0001,46980.8%
623 THIRD ST WEST2025-04$180,0001,44479.1%
26 SECOND ST WEST2025-04$170,0001,53679.7%
906 SCHISLER DRIVE2025-03$395,0001,90073.0%

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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 →