The Fair Share Report
18 Purdue Dr
Delran, NJ 08075
The town adjusts for market price changes once a year — but only based on the average price change of all homes in the area. This report checks whether this house's assessment kept pace.
This home's payments are about right
It sits inside Delran's normal range — market price changes haven't singled it out. No case for a tax appeal.
Step 1 · Market value
Likely range $391,636 – $479,013, 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 $440,940 home should be assessed near $231,758.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $10,542 above what the ratio math suggests (4.5%).
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%67%
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 29 HAINES MILL ROAD | 2026-01 | $430,000 | 1,979 | 43.1% |
| 43 PRINCETON DR | 2025-11 | $400,000 | 1,979 | 51.0% |
| 19 STEVENS DR | 2025-09 | $415,000 | 1,979 | 48.3% |
| 59 HAINES MILL ROAD | 2025-09 | $425,000 | 1,979 | 44.6% |
| 25 HOLYOKE DR | 2025-08 | $390,000 | 1,979 | 50.6% |
| 29 HOLYOKE DR | 2025-07 | $520,000 | 1,979 | 38.2% |
| 4 STEVENS DR | 2025-02 | $460,000 | 1,979 | 43.1% |
| 14 MONTCLAIR DR | 2026-01 | $400,000 | 1,960 | 58.4% |
| 20 RIDGEWOOD AVE | 2025-02 | $500,000 | 1,960 | 47.0% |
| 23 LEHIGH DR | 2026-03 | $445,000 | 1,780 | 49.2% |
| 57 CORNELL DR | 2025-09 | $425,000 | 1,780 | 55.7% |
| 153 OXFORD RD | 2025-07 | $429,900 | 1,880 | 53.6% |
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