The Fair Share Report

317 Main 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

≈ $305,897

Likely range $240,340 – $376,380, 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 $305,897 home should be assessed near $160,779.

Step 3 · Assessed value

$132,300

Set at the last town-wide revaluation and mostly frozen since. That's $28,479 below what the ratio math suggests (17.7%).

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

$5,299/yr
Public schools$3,386
Burlington County$787
Town of Delran$1,126
Delran average$8,211

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

Town median 48.4%
This home · 43.2%

30%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 STEWART AVE2025-04$320,0001,24842.8%
5 STEWART AVE2025-06$300,0001,44045.7%
25 FRECH AVE2025-02$120,0001,412121.1%
202 ARCH ST2025-05$350,0001,13647.4%
18 ALDEN AVE2025-12$298,0001,26145.8%
18A STEWART AVE2026-01$225,0001,08841.6%
521 LEON AVE2026-04$340,0001,13047.5%
521 LEON AVE2026-02$250,0001,13064.6%
13 ST MIHIEL DR2026-04$221,0001,32039.5%
23 CENTER AVE2025-06$390,0001,32845.3%
2 RESERVE AVE2025-07$349,0001,05036.2%
150 RED STONE RIDGE2025-05$370,0001,22048.4%

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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 →