The Fair Share Report

36 Stoneham 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

≈ $586,401

Likely range $461,612 – $620,380, 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 $586,401 home should be assessed near $308,212.

Step 3 · Assessed value

$275,300

Set at the last town-wide revaluation and mostly frozen since. That's $32,912 below 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

$11,026/yr
Public schools$7,046
Burlington County$1,637
Town of Delran$2,343
Delran average$8,211

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

Town median 48.4%
This home · 46.9%

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)

AddressSoldPriceSq ftRatio
5 TOBY WELLS COURT2025-09$605,0002,15651.0%
31 INVERNESS DR.2025-03$605,0002,30448.4%
66 STONEHAM DR2025-12$615,0002,34448.0%
8 TOBY WELLS COURT2025-11$518,0002,36860.9%
9 TOBY WELLS COURT2025-07$650,0002,38051.5%
212 HAWTHORNE WAY2025-07$437,0002,07054.1%
319 HUNTINGTON DRIVE2025-07$430,0002,05654.1%
3 ASTER CT2026-03$595,0002,16843.5%
10 GRANDE BOULEVARD2025-09$581,0001,99347.3%
6 PROVIDENCE COURT2025-04$575,0001,98549.2%
3 TEABERRY LANE2025-12$525,0002,36052.7%
342 HUNTINGTON DRIVE2026-02$347,5001,96761.0%

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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 →