The Fair Share Report

17 Ridgeview 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

≈ $519,216

Likely range $492,733 – $624,831, from 12 comparable Delran sales in the past 18 months, at this home's 2,334 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 $519,216 home should be assessed near $272,900.

Step 3 · Assessed value

$360,800

Set at the last town-wide revaluation and mostly frozen since. That's $87,900 above what the ratio math suggests (32.2%).

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

$14,450/yr
Public schools$9,234
Burlington County$2,146
Town of Delran$3,070
Delran average$8,211

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

Town median 48.4%
This home · 69.5%

36%79%

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
8 TOBY WELLS COURT2025-11$518,0002,36860.9%
9 TOBY WELLS COURT2025-07$650,0002,38051.5%
3 TEABERRY LANE2025-12$525,0002,36052.7%
5 TOBY WELLS COURT2025-09$605,0002,15651.0%
212 HAWTHORNE WAY2025-07$437,0002,07054.1%
319 HUNTINGTON DRIVE2025-07$430,0002,05654.1%
3 ASTER CT2026-03$595,0002,16843.5%
6 SYLVAN COURT2026-01$710,0002,70154.0%
342 HUNTINGTON DRIVE2026-02$347,5001,96761.0%
325 HUNTINGTON DRIVE2025-03$420,0001,96752.0%
204 HAWTHORNE WAY2025-02$390,0001,85253.1%
305 HUNTINGTON DRIVE2025-01$410,0001,83849.4%

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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 →