The Fair Share Report
720 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 $214,859 – $308,378, from 12 comparable Delanco sales in the past 18 months, at this home's 1,304 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 $277,770 home should be assessed near $169,467.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $33,167 below what the ratio math suggests (19.6%).
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
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 416 POPLAR ST | 2025-06 | $279,900 | 1,314 | 35.8% |
| 400 BUTTONWOOD ST | 2025-07 | $230,000 | 1,248 | 56.8% |
| 223 WALTER AVE | 2025-02 | $307,000 | 1,421 | 55.1% |
| 232 WASHINGTON ST | 2025-08 | $135,500 | 1,044 | 78.1% |
| 400 BURLINGTON AVE | 2026-02 | $275,000 | 1,669 | 48.3% |
| 712 HICKORY ST | 2025-01 | $115,000 | 1,476 | 125.3% |
| 38 SWAN COURT | 2025-06 | $288,000 | 1,300 | 52.3% |
| 2822 BURLINGTON AV | 2025-10 | $371,750 | 1,276 | 42.2% |
| 429 POPLAR ST | 2025-09 | $240,000 | 1,452 | 46.2% |
| 318 CENTER AVE | 2025-05 | $345,000 | 1,312 | 53.2% |
| 860 PENNSYLVANIA AVE | 2025-09 | $255,000 | 1,696 | 70.0% |
| 8 EDWARDS AVE | 2025-08 | $280,000 | 1,184 | 64.0% |
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