The Fair Share Report

403 Arch 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

≈ $312,079

Likely range $293,999 – $324,233, 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 $312,079 home should be assessed near $164,029.

Step 3 · Assessed value

$160,300

Set at the last town-wide revaluation and mostly frozen since. That's $3,729 below what the ratio math suggests (2.3%).

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

$6,420/yr
Public schools$4,102
Burlington County$953
Town of Delran$1,364
Delran average$8,211

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

Town median 48.4%
This home · 51.4%

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
504 NOTTINGHAM PLACE2025-07$345,0001,37250.9%
147 CASTLETON RD2025-01$325,0001,37254.3%
321 NICHOLAS DR2025-04$305,0001,27438.5%
137 NATALIE ROAD2025-06$290,0001,26640.3%
155 NATALIE ROAD2026-05$305,0001,25738.1%
148 NATALIE ROAD2026-04$245,0001,25747.4%
127 NATALIE ROAD2025-05$264,0001,25744.0%
111 NATALIE ROAD2025-04$285,0001,25740.8%
335 NICHOLAS DR2025-04$280,0001,25741.5%
219 LAWRENCE LN2025-03$280,0001,25741.5%
249 ROSEBAY COURT2025-12$250,0001,27050.0%
146 ROSEBAY COURT2025-08$298,0001,27040.3%

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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 →