The Fair Share Report

310 Front St

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

≈ $346,464

Likely range $254,836 – $379,465, 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 $346,464 home should be assessed near $182,101.

Step 3 · Assessed value

$171,400

Set at the last town-wide revaluation and mostly frozen since. That's $10,701 below what the ratio math suggests (5.9%).

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

$6,865/yr
Public schools$4,387
Burlington County$1,019
Town of Delran$1,459
Delran average$8,211

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

Town median 48.4%
This home · 49.5%

36%73%

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
25 FRECH AVE2025-02$120,0001,412121.1%
5 STEWART AVE2025-06$300,0001,44045.7%
13 ST MIHIEL DR2026-04$221,0001,32039.5%
104 MAIN ST2025-03$330,0001,80838.7%
18A STEWART AVE2026-01$225,0001,08841.6%
13 PRIMROSE PLACE2025-10$360,0001,51649.4%
19 STEWART AVE2025-04$320,0001,24842.8%
23 CENTER AVE2025-06$390,0001,32845.3%
1122 FAIRVIEW ST2025-12$420,0001,71643.8%
225 SHARROW VALE RD2026-01$450,0001,46444.2%
188 SAWMILL CT2025-03$435,0001,46447.2%
11 WOODRUSH COURT2025-08$378,7501,51647.6%

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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 →