The Fair Share Report

31 Cornell Dr

Delran, NJ 08052

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

≈ $472,319

Likely range $426,114 – $533,350, from 12 comparable Delran sales in the past 18 months, at this home's 2,032 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 $472,319 home should be assessed near $248,251.

Step 3 · Assessed value

$242,200

Set at the last town-wide revaluation and mostly frozen since. That's $6,051 below what the ratio math suggests (2.4%).

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

$9,700/yr
Public schools$6,198
Burlington County$1,441
Town of Delran$2,061
Delran average$8,211

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

Town median 48.4%
This home · 51.3%

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
19 STEVENS DR2025-09$415,0001,97948.3%
59 HAINES MILL ROAD2025-09$425,0001,97944.6%
25 HOLYOKE DR2025-08$390,0001,97950.6%
4 STEVENS DR2025-02$460,0001,97943.1%
29 HAINES MILL ROAD2026-01$430,0001,97943.1%
29 HOLYOKE DR2025-07$520,0001,97938.2%
110 KATHLEEN AVE2026-01$536,5002,04443.6%
205 PADDOCK WAY2025-12$588,0001,99737.8%
98 RED STONE RIDGE2025-11$325,0001,99070.1%
237 AQUA LANE2025-05$550,0002,10645.6%
122 SWEDES RUN DR2025-05$522,6002,04444.2%
898 WATERFORD DR2025-10$485,0001,94451.0%

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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 →