The Fair Share Report

26 River Dr

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

≈ $361,664

Likely range $284,057 – $386,250, from 12 comparable Delran sales in the past 18 months, at this home's 1,202 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 $361,664 home should be assessed near $190,091.

Step 3 · Assessed value

$121,300

Set at the last town-wide revaluation and mostly frozen since. That's $68,791 below what the ratio math suggests (36.2%).

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

$4,858/yr
Public schools$3,104
Burlington County$721
Town of Delran$1,032
Delran average$8,211

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

Town median 48.4%
This home · 33.5%

26%66%

Keep quiet and enjoy it

This home's assessment ratio sits below the Delran pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
18 ALDEN AVE2025-12$298,0001,26145.8%
202 ARCH ST2025-05$350,0001,13647.4%
23 CENTER AVE2025-06$390,0001,32845.3%
500 MAIN ST2025-01$359,9001,12047.5%
302 CHESTER AVE2026-04$245,0001,35077.1%
909 SMITH ST2025-08$365,0001,08046.1%
41 STEWART AVE2025-08$330,0001,22447.6%
150 RED STONE RIDGE2025-05$370,0001,22048.4%
521 LEON AVE2026-04$340,0001,13047.5%
521 LEON AVE2026-02$250,0001,13064.6%
114 PELHAM RD2025-08$410,0001,22046.2%
2 RESERVE AVE2025-07$349,0001,05036.2%

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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 →