The Fair Share Report

203 Main St

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

≈ $315,251

Likely range $231,635 – $402,063, 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 $315,251 home should be assessed near $165,696.

Step 3 · Assessed value

$158,700

Set at the last town-wide revaluation and mostly frozen since. That's $6,996 below what the ratio math suggests (4.2%).

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

$6,356/yr
Public schools$4,062
Burlington County$944
Town of Delran$1,351
Delran average$8,211

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

Town median 48.4%
This home · 50.3%

34%74%

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
19 STEWART AVE2025-04$320,0001,24842.8%
23 CENTER AVE2025-06$390,0001,32845.3%
5 STEWART AVE2025-06$300,0001,44045.7%
18 ALDEN AVE2025-12$298,0001,26145.8%
25 FRECH AVE2025-02$120,0001,412121.1%
302 CHESTER AVE2026-04$245,0001,35077.1%
4125 BRIDGEBORO RD2026-05$294,7501,39259.8%
202 ARCH ST2025-05$350,0001,13647.4%
13 ST MIHIEL DR2026-04$221,0001,32039.5%
59 N CHESTER AVE2026-04$310,0001,33060.8%
107 PATRICIA AVE2025-03$400,0001,36442.3%
328 ITHACA AVE2025-04$220,0001,51682.8%

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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 →