The Fair Share Report

12 Echo Ave

Delran, NJ 08057

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

≈ $365,818

Likely range $302,396 – $425,011, from 12 comparable Delran sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

52.56%

The state's official measure of how far Delran assessments sit below market value — republished every October, applied town-wide. A $365,818 home should be assessed near $192,274.

Step 3 · Assessed value

$182,400

Set at the last town-wide revaluation and mostly frozen since. That's $9,874 below what the ratio math suggests (5.1%).

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

$3.845 per $100 assessed

$2.457 Schools · 64% $0.571 County · 15% $0.817 Town · 21%

Step 5 · The bill

$7,305/yr
Public schools$4,668
Burlington County$1,085
Town of Delran$1,552
Delran average$8,211

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

Town median 48.4%
This home · 49.9%

36%66%

Paying about right

This home's ratio lands inside Delran'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
4125 BRIDGEBORO RD2026-05$294,7501,39259.8%
740 BAYLOR ST2025-10$390,0001,51647.6%
833 DREXEL ST2025-04$400,0001,51645.7%
23 CENTER AVE2025-06$390,0001,32845.3%
225 SHARROW VALE RD2026-01$450,0001,46444.2%
188 SAWMILL CT2025-03$435,0001,46447.2%
10 YANSICK DR2025-04$371,0001,70064.6%
25 YANSICK DR2025-01$340,0001,60858.0%
59 N CHESTER AVE2026-04$310,0001,33060.8%
86 PANCOAST BLVD2025-04$450,0001,82045.8%
115 HAINES MILL RD2026-03$476,0001,60044.9%
104 DORADO DR2025-08$435,0001,60047.2%

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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 →