The Fair Share Report
151 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $410,241 – $601,491, from 12 comparable Delran sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Delran assessments sit below market value — republished every October, applied town-wide. A $532,038 home should be assessed near $279,639.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $21,239 below what the ratio math suggests (7.6%).
Step 4 · The tax rate — same for every Delran home
$2.457 Schools · 64% $0.571 County · 15% $0.817 Town · 21%
Step 5 · The bill
This home vs. every recent Delran sale · assessed ÷ market
36%68%
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 98 RED STONE RIDGE | 2025-11 | $325,000 | 1,990 | 70.1% |
| 205 PADDOCK WAY | 2025-12 | $588,000 | 1,997 | 37.8% |
| 122 SWEDES RUN DR | 2025-05 | $522,600 | 2,044 | 44.2% |
| 114 COOPERS KILL RD | 2025-06 | $550,114 | 1,954 | 42.3% |
| 114 COOPERS KILL RD | 2025-02 | $299,000 | 1,954 | 77.8% |
| 212 DIANE AVE | 2025-07 | $385,000 | 2,044 | 62.0% |
| 110 KATHLEEN AVE | 2026-01 | $536,500 | 2,044 | 43.6% |
| 325 TENBY CHASE DR | 2025-09 | $460,000 | 2,120 | 53.9% |
| 184 FORGE RD | 2025-05 | $445,000 | 2,120 | 56.5% |
| 113 FOX CHASE DR | 2025-01 | $620,000 | 2,120 | 41.0% |
| 247 SOUTHVIEW DR | 2026-03 | $593,000 | 1,954 | 41.4% |
| 240 SOUTHVIEW DR | 2025-06 | $442,000 | 1,954 | 55.8% |
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