The Fair Share Report
311 Ithaca Ct
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 $405,937 – $472,424, 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 $455,252 home should be assessed near $239,280.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $32,280 below what the ratio math suggests (13.5%).
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 |
|---|---|---|---|---|
| 48 DARTMOUTH DR | 2025-07 | $473,000 | 1,736 | 47.9% |
| 1 STEVENS DR | 2025-04 | $493,000 | 1,736 | 46.6% |
| 23 LEHIGH DR | 2026-03 | $445,000 | 1,780 | 49.2% |
| 57 CORNELL DR | 2025-09 | $425,000 | 1,780 | 55.7% |
| 53 PRINCETON DR | 2025-12 | $425,000 | 1,736 | 52.8% |
| 60 NOTRE DAME DR | 2025-12 | $410,000 | 1,736 | 48.7% |
| 518 GREENWOOD AVE | 2025-07 | $380,000 | 1,664 | 45.5% |
| 154 FOX CHASE DR | 2026-03 | $505,000 | 1,728 | 47.0% |
| 154 FOX CHASE DR | 2025-02 | $470,000 | 1,728 | 50.5% |
| 811 FORDHAM ST | 2025-12 | $367,500 | 1,516 | 50.8% |
| 417 ARCH ST | 2025-10 | $460,000 | 1,744 | 42.4% |
| 328 ITHACA AVE | 2025-04 | $220,000 | 1,516 | 82.8% |
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