The Fair Share Report

184 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

≈ $553,656

Likely range $508,061 – $596,848, from 12 comparable Delran sales in the past 18 months, at this home's 2,120 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 $553,656 home should be assessed near $291,002.

Step 3 · Assessed value

$251,400

Set at the last town-wide revaluation and mostly frozen since. That's $39,602 below what the ratio math suggests (13.6%).

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

$10,069/yr
Public schools$6,434
Burlington County$1,495
Town of Delran$2,139
Delran average$8,211

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

Town median 48.4%
This home · 45.4%

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
142 FOX CHASE DR2025-12$589,9002,12045.1%
325 TENBY CHASE DR2025-09$460,0002,12053.9%
231 DICKENS DR2025-05$626,0002,12041.0%
196 WESTOVER DR2025-04$581,0002,12044.6%
113 FOX CHASE DR2025-01$620,0002,12041.0%
237 AQUA LANE2025-05$550,0002,10645.6%
98 RED STONE RIDGE2025-11$325,0001,99070.1%
122 SWEDES RUN DR2025-05$522,6002,04444.2%
212 DIANE AVE2025-07$385,0002,04462.0%
110 KATHLEEN AVE2026-01$536,5002,04443.6%
123 SHELLY LANE2026-04$550,0002,12046.6%
205 PADDOCK WAY2025-12$588,0001,99737.8%

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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 →