The Fair Share Report

16 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

≈ $352,465

Likely range $294,301 – $395,075, from 12 comparable Delran sales in the past 18 months, at this home's 1,144 sq ft.

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 $352,465 home should be assessed near $185,256.

Step 3 · Assessed value

$235,600

Set at the last town-wide revaluation and mostly frozen since. That's $50,344 above what the ratio math suggests (27.2%).

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

$9,436/yr
Public schools$6,030
Burlington County$1,401
Town of Delran$2,005
Delran average$8,211

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

Town median 48.4%
This home · 66.8%

36%86%

A touch high — worth watching

This home's ratio sits above most of Delran, but doesn't clear NJ's legal appeal line (60.44%).

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
325 JUNIATA AVE2025-05$370,0001,02842.3%
325 JUNIATA AVE2025-03$205,0001,02876.4%
1155 FAIRVIEW ST2026-04$345,00099946.3%
114 PELHAM RD2025-08$410,0001,22046.2%
4125 BRIDGEBORO RD2026-05$294,7501,39259.8%
23 CENTER AVE2025-06$390,0001,32845.3%
41 STEWART AVE2025-08$330,0001,22447.6%
59 N CHESTER AVE2026-04$310,0001,33060.8%
500 MAIN ST2025-01$359,9001,12047.5%
202 ARCH ST2025-05$350,0001,13647.4%
740 BAYLOR ST2025-10$390,0001,51647.6%
833 DREXEL ST2025-04$400,0001,51645.7%

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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 →