The Fair Share Report
154 Fenwick Ct
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 $487,008 – $617,045, 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 $531,136 home should be assessed near $279,165.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $17,935 above what the ratio math suggests (6.4%).
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%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 164 FOX CHASE DR | 2025-11 | $490,000 | 2,325 | 57.8% |
| 179 FORGE RD | 2025-06 | $575,000 | 2,300 | 41.8% |
| 228 AQUA LANE | 2026-01 | $550,000 | 2,295 | 44.0% |
| 13 RUTGERS DR | 2025-11 | $530,000 | 2,332 | 48.8% |
| 88 PRINCETON DR | 2025-10 | $400,000 | 2,363 | 57.0% |
| 848 WATERFORD DR | 2025-03 | $560,000 | 2,511 | 51.5% |
| 24 HOLYOKE DR | 2025-07 | $485,000 | 2,288 | 51.0% |
| 5 PRINCETON DR | 2025-04 | $283,000 | 2,272 | 85.0% |
| 123 SHELLY LANE | 2026-04 | $550,000 | 2,120 | 46.6% |
| 142 FOX CHASE DR | 2025-12 | $589,900 | 2,120 | 45.1% |
| 111 KEVIN RD | 2025-10 | $690,000 | 2,120 | 38.7% |
| 325 TENBY CHASE DR | 2025-09 | $460,000 | 2,120 | 53.9% |
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