The Fair Share Report

141 Fenwick Rd

Delran, 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

≈ $556,136

Likely range $509,931 – $646,089, 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 $556,136 home should be assessed near $292,305.

Step 3 · Assessed value

$310,800

Set at the last town-wide revaluation and mostly frozen since. That's $18,495 above what the ratio math suggests (6.3%).

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

$12,448/yr
Public schools$7,954
Burlington County$1,849
Town of Delran$2,645
Delran average$8,211

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

Town median 48.4%
This home · 55.9%

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
164 FOX CHASE DR2025-11$490,0002,32557.8%
848 WATERFORD DR2025-03$560,0002,51151.5%
88 PRINCETON DR2025-10$400,0002,36357.0%
179 FORGE RD2025-06$575,0002,30041.8%
228 AQUA LANE2026-01$550,0002,29544.0%
123 SHELLY LANE2026-04$550,0002,12046.6%
810 COLBY AVE2025-12$450,0002,38854.4%
24 HOLYOKE DR2025-07$485,0002,28851.0%
13 RUTGERS DR2025-11$530,0002,33248.8%
142 FOX CHASE DR2025-12$589,9002,12045.1%
231 DICKENS DR2025-05$626,0002,12041.0%
196 WESTOVER DR2025-04$581,0002,12044.6%

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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 →