The Fair Share Report
234 Split Rail Ct
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $432,160 – $510,903, 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 $470,814 home should be assessed near $247,460.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $19,160 below what the ratio math suggests (7.7%).
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%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 1 ECHO AVE | 2026-03 | $450,000 | 1,788 | 46.3% |
| 417 ARCH ST | 2025-10 | $460,000 | 1,744 | 42.4% |
| 157 OXFORD RD | 2025-09 | $470,000 | 1,740 | 47.3% |
| 154 FOX CHASE DR | 2026-03 | $505,000 | 1,728 | 47.0% |
| 154 FOX CHASE DR | 2025-02 | $470,000 | 1,728 | 50.5% |
| 153 OXFORD RD | 2025-07 | $429,900 | 1,880 | 53.6% |
| 23 LEHIGH DR | 2026-03 | $445,000 | 1,780 | 49.2% |
| 57 CORNELL DR | 2025-09 | $425,000 | 1,780 | 55.7% |
| 102 KATHLEEN AVE | 2025-01 | $460,000 | 1,700 | 44.6% |
| 177 ANTIETAM RD | 2025-07 | $515,000 | 1,659 | 47.9% |
| 823 WATERFORD DR | 2025-04 | $500,000 | 1,659 | 46.8% |
| 898 WATERFORD DR | 2025-10 | $485,000 | 1,944 | 51.0% |
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