The Fair Share Report
712 Chestnut 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $415,802 – $519,573, from 12 comparable Delanco sales in the past 18 months, at this home's 2,388 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Delanco assessments sit below market value — republished every October, applied town-wide. A $455,809 home should be assessed near $278,089.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $102,689 below what the ratio math suggests (36.9%).
Step 4 · The tax rate — same for every Delanco home
$1.820 Schools · 51% $0.541 County · 15% $1.222 Town · 34%
Step 5 · The bill
This home vs. every recent Delanco sale · assessed ÷ market
28%76%
Keep quiet and enjoy it
This home's assessment ratio sits below the Delanco pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 315 BURLINGTON AVE | 2025-12 | $490,000 | 2,688 | 39.5% |
| 511 ASH ST | 2025-10 | $327,000 | 1,878 | 44.3% |
| 308 BURLINGTON AVE | 2025-09 | $44,000 | 2,134 | 70.9% |
| 25 PENNINGTON COURT | 2025-07 | $510,000 | 2,344 | 51.2% |
| 67 PENNINGTON COURT | 2026-03 | $515,000 | 2,344 | 53.0% |
| 6 PRESTON LANE | 2026-03 | $505,000 | 2,418 | 60.6% |
| 719 HICKORY ST | 2026-02 | $350,000 | 1,920 | 47.1% |
| 39 PENNINGTON COURT | 2025-09 | $515,000 | 2,344 | 49.1% |
| 72 EAST SHIPP'S WAY | 2025-11 | $456,000 | 2,389 | 56.1% |
| 33 WALTON WAY | 2025-04 | $500,000 | 2,418 | 62.9% |
| 8 MCCAY WAY | 2025-09 | $515,000 | 2,353 | 55.2% |
| 840 LAUREL STREET | 2026-04 | $415,000 | 2,228 | 45.2% |
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