The Fair Share Report

325 Ithaca Ave

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

≈ $327,259

Likely range $285,857 – $395,894, from 12 comparable Delran sales in the past 18 months, at this home's 1,350 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 $327,259 home should be assessed near $172,007.

Step 3 · Assessed value

$190,400

Set at the last town-wide revaluation and mostly frozen since. That's $18,393 above what the ratio math suggests (10.7%).

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

$7,626/yr
Public schools$4,873
Burlington County$1,132
Town of Delran$1,620
Delran average$8,211

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

Town median 48.4%
This home · 58.2%

36%72%

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
302 CHESTER AVE2026-04$245,0001,35077.1%
4125 BRIDGEBORO RD2026-05$294,7501,39259.8%
811 FORDHAM ST2025-12$367,5001,51650.8%
328 ITHACA AVE2025-04$220,0001,51682.8%
23 CENTER AVE2025-06$390,0001,32845.3%
107 PATRICIA AVE2025-03$400,0001,36442.3%
740 BAYLOR ST2025-10$390,0001,51647.6%
833 DREXEL ST2025-04$400,0001,51645.7%
18 ALDEN AVE2025-12$298,0001,26145.8%
819 FORDHAM ST2025-12$220,0001,51681.5%
59 N CHESTER AVE2026-04$310,0001,33060.8%
121 DORADO DR2025-10$461,0001,46444.1%

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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 →