The Fair Share Report
303 Ithaca Ave
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 $408,394 – $515,113, 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 $482,766 home should be assessed near $253,742.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $19,542 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 |
|---|---|---|---|---|
| 29 HOLYOKE DR | 2025-07 | $520,000 | 1,979 | 38.2% |
| 19 STEVENS DR | 2025-09 | $415,000 | 1,979 | 48.3% |
| 59 HAINES MILL ROAD | 2025-09 | $425,000 | 1,979 | 44.6% |
| 25 HOLYOKE DR | 2025-08 | $390,000 | 1,979 | 50.6% |
| 4 STEVENS DR | 2025-02 | $460,000 | 1,979 | 43.1% |
| 29 HAINES MILL ROAD | 2026-01 | $430,000 | 1,979 | 43.1% |
| 31 CORNELL DR | 2026-02 | $530,000 | 2,032 | 45.7% |
| 898 WATERFORD DR | 2025-10 | $485,000 | 1,944 | 51.0% |
| 20 RIDGEWOOD AVE | 2025-02 | $500,000 | 1,960 | 47.0% |
| 247 SOUTHVIEW DR | 2026-03 | $593,000 | 1,954 | 41.4% |
| 240 SOUTHVIEW DR | 2025-06 | $442,000 | 1,954 | 55.8% |
| 120 COOPERS KILL RD | 2026-03 | $485,000 | 1,954 | 50.3% |
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