The Fair Share Report

3 Purdue 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

≈ $466,594

Likely range $416,050 – $484,193, 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 $466,594 home should be assessed near $245,242.

Step 3 · Assessed value

$226,400

Set at the last town-wide revaluation and mostly frozen since. That's $18,842 below what the ratio math suggests (7.7%).

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

$9,067/yr
Public schools$5,794
Burlington County$1,347
Town of Delran$1,927
Delran average$8,211

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

Town median 48.4%
This home · 48.5%

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
23 LEHIGH DR2026-03$445,0001,78049.2%
57 CORNELL DR2025-09$425,0001,78055.7%
48 DARTMOUTH DR2025-07$473,0001,73647.9%
1 STEVENS DR2025-04$493,0001,73646.6%
53 PRINCETON DR2025-12$425,0001,73652.8%
60 NOTRE DAME DR2025-12$410,0001,73648.7%
417 ARCH ST2025-10$460,0001,74442.4%
157 OXFORD RD2025-09$470,0001,74047.3%
154 FOX CHASE DR2026-03$505,0001,72847.0%
154 FOX CHASE DR2025-02$470,0001,72850.5%
29 HAINES MILL ROAD2026-01$430,0001,97943.1%
2 DARTMOUTH DR2025-09$492,0001,73643.8%

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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 →