The Fair Share Report
4 Teaberry Ln
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 $360,325 – $415,226, from 12 comparable Delran sales in the past 18 months, at this home's 1,662 sq ft.
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 $394,670 home should be assessed near $207,439.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $20,061 above what the ratio math suggests (9.7%).
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%69%
A touch high — worth watching
This home's ratio sits above most of Delran, but doesn't clear NJ's legal appeal line (60.44%).
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 12 TEABERRY LANE | 2026-02 | $504,000 | 1,662 | 43.8% |
| 10 WOODYFIELD LANE | 2025-03 | $489,500 | 1,714 | 49.0% |
| 163 CASTLETON RD | 2025-11 | $415,000 | 1,662 | 49.9% |
| 156 CASTLETON RD | 2025-06 | $360,000 | 1,662 | 55.5% |
| 451 DORCHESTER DRIVE | 2025-04 | $370,000 | 1,662 | 55.3% |
| 445 DORCHESTER DRIVE | 2025-04 | $400,000 | 1,662 | 48.4% |
| 118 SUBURBAN BLVD | 2025-05 | $275,000 | 1,589 | 51.5% |
| 9 DEWBERRY LANE | 2026-05 | $377,000 | 1,516 | 47.1% |
| 13 PRIMROSE PLACE | 2025-10 | $360,000 | 1,516 | 49.4% |
| 11 WOODRUSH COURT | 2025-08 | $378,750 | 1,516 | 47.6% |
| 2 ASHLEY DR. | 2025-01 | $390,000 | 1,544 | 60.9% |
| 10 WOODRUSH COURT | 2025-08 | $345,000 | 1,476 | 53.2% |
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