The Fair Share Report

935 Maple 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

≈ $122,586

Likely range $96,146 – $246,386, from 12 comparable Florence sales in the past 18 months, at this home's 923 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 $122,586 home should be assessed near $94,882.

Step 3 · Assessed value

$198,300

Set at the last town-wide revaluation and mostly frozen since. That's $103,418 above what the ratio math suggests (109.0%).

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

$6,120/yr
Public schools$3,987
Burlington County$893
Town of Florence$1,240
Florence average$6,247

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

Town median 73.0%
This home · 161.8%

47%212%

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
6-5 FLORENCE TOLLGATE PL2025-10$111,00096049.5%
40-3 FLORENCE TOLLGATE PL2025-08$100,00096055.0%
7-5 FLORENCE TOLLGATE PL2025-06$70,00096078.6%
23-6 FLORENCE TOLLGATE PL2025-02$127,50096054.5%
710 FIFTH STREET2025-08$260,00097494.2%
38-3 FLORENCE TOLLGATE PL2026-01$41,000774101.2%
18-3 FLORENCE TOLLGATE PL2025-02$52,50077485.7%
886 THIRD ST EAST2025-03$330,0001,04068.4%
717 CHESTNUT ST2025-01$325,0001,11071.1%
106 BENNET ST2025-10$330,0001,26673.9%
360 STATION RD2025-11$365,0001,24672.3%
2100 OLD YORK RD2025-10$357,5001,12059.3%

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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 →