The Fair Share Report

179 Forge 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

≈ $512,943

Likely range $484,731 – $630,330, from 12 comparable Delran sales in the past 18 months, at this home's 2,300 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 $512,943 home should be assessed near $269,603.

Step 3 · Assessed value

$240,200

Set at the last town-wide revaluation and mostly frozen since. That's $29,403 below what the ratio math suggests (10.9%).

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

$9,620/yr
Public schools$6,147
Burlington County$1,429
Town of Delran$2,044
Delran average$8,211

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

Town median 48.4%
This home · 46.8%

33%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
228 AQUA LANE2026-01$550,0002,29544.0%
164 FOX CHASE DR2025-11$490,0002,32557.8%
24 HOLYOKE DR2025-07$485,0002,28851.0%
325 TENBY CHASE DR2025-09$460,0002,12053.9%
184 FORGE RD2025-05$445,0002,12056.5%
113 FOX CHASE DR2025-01$620,0002,12041.0%
5 PRINCETON DR2025-04$283,0002,27285.0%
848 WATERFORD DR2025-03$560,0002,51151.5%
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 →