The Fair Share Report

183 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

≈ $468,912

Likely range $452,696 – $492,549, from 12 comparable Delran sales in the past 18 months (home size estimated from assessor data — range widened).

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 $468,912 home should be assessed near $246,460.

Step 3 · Assessed value

$220,800

Set at the last town-wide revaluation and mostly frozen since. That's $25,660 below what the ratio math suggests (10.4%).

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

$8,843/yr
Public schools$5,651
Burlington County$1,313
Town of Delran$1,879
Delran average$8,211

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

Town median 48.4%
This home · 47.1%

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)

AddressSoldPriceSq ftRatio
157 OXFORD RD2025-09$470,0001,74047.3%
417 ARCH ST2025-10$460,0001,74442.4%
154 FOX CHASE DR2026-03$505,0001,72847.0%
154 FOX CHASE DR2025-02$470,0001,72850.5%
102 KATHLEEN AVE2025-01$460,0001,70044.6%
48 DARTMOUTH DR2025-07$473,0001,73647.9%
269 BURNING TREE RD2025-07$419,9001,60049.8%
230 AQUA LANE2025-06$440,0001,60047.0%
810 PARRY RD2025-02$425,0001,60048.3%
1 STEVENS DR2025-04$493,0001,73646.6%
207 FARMINGTON RD2026-03$440,0001,60046.7%
823 WATERFORD DR2025-04$500,0001,65946.8%

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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 →