The Fair Share Report

32 River Dr

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

≈ $313,774

Likely range $255,177 – $369,231, from 12 comparable Delran sales in the past 18 months, at this home's 1,008 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 $313,774 home should be assessed near $164,920.

Step 3 · Assessed value

$114,600

Set at the last town-wide revaluation and mostly frozen since. That's $50,320 below what the ratio math suggests (30.5%).

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

$4,590/yr
Public schools$2,933
Burlington County$682
Town of Delran$975
Delran average$8,211

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

Town median 48.4%
This home · 36.5%

26%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
325 JUNIATA AVE2025-05$370,0001,02842.3%
325 JUNIATA AVE2025-03$205,0001,02876.4%
197 WESTOVER DR2026-03$455,0001,04043.7%
225 BENTWOOD DR2025-09$400,0001,09241.9%
1155 FAIRVIEW ST2026-04$345,00099946.3%
114 PELHAM RD2025-08$410,0001,22046.2%
319 JUNIATA AVE2025-07$425,0001,02840.0%
321 JUNIATA AVE2025-11$320,0001,02851.6%
410 CHESTER AVE2025-11$299,9001,02848.8%
101 TARLTON CT2026-03$475,0001,22039.4%
265 ROSEBAY COURT2026-03$240,0001,03145.0%
84 FOXGLOVE DR2025-08$225,0001,03148.0%

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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 →