The Fair Share Report

624 Second 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

≈ $326,444

Likely range $251,125 – $381,209, 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 $326,444 home should be assessed near $199,163.

Step 3 · Assessed value

$174,900

Set at the last town-wide revaluation and mostly frozen since. That's $24,263 below what the ratio math suggests (12.2%).

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

$6,454/yr
Public schools$3,278
Burlington County$974
Town of Delanco$2,201
Delanco average$7,022

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

Town median 53.0%
This home · 53.6%

39%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%
300 VINE ST2025-04$400,0001,63843.8%
400 BURLINGTON AVE2026-02$275,0001,66948.3%
719 HICKORY ST2026-02$350,0001,92047.1%
221 MAPLE AVENUE2025-01$335,0001,48749.3%
860 PENNSYLVANIA AVE2025-09$255,0001,69670.0%
318 CENTER AVE2025-05$345,0001,31253.2%
19 EMERY WAY2025-08$410,0001,44646.0%
22 WOLVERTON PLACE2025-09$355,0001,44052.1%
11 MCCAY WAY2025-12$375,0001,44049.4%
416 POPLAR ST2025-06$279,9001,31435.8%

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 →