The Fair Share Report
406 Leon 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $390,544 – $480,977, from 12 comparable Delran sales in the past 18 months (home size estimated from assessor data — range widened).
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 $430,904 home should be assessed near $226,483.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $4,783 below what the ratio math suggests (2.1%).
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%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 25 YANSICK DR | 2025-01 | $340,000 | 1,608 | 58.0% |
| 1 STEVENS DR | 2025-04 | $493,000 | 1,736 | 46.6% |
| 518 GREENWOOD AVE | 2025-07 | $380,000 | 1,664 | 45.5% |
| 740 BAYLOR ST | 2025-10 | $390,000 | 1,516 | 47.6% |
| 833 DREXEL ST | 2025-04 | $400,000 | 1,516 | 45.7% |
| 10 YANSICK DR | 2025-04 | $371,000 | 1,700 | 64.6% |
| 2 DARTMOUTH DR | 2025-09 | $492,000 | 1,736 | 43.8% |
| 157 OXFORD RD | 2025-09 | $470,000 | 1,740 | 47.3% |
| 809 COLBY AVE | 2025-09 | $386,500 | 1,556 | 47.8% |
| 115 HAINES MILL RD | 2026-03 | $476,000 | 1,600 | 44.9% |
| 104 DORADO DR | 2025-08 | $435,000 | 1,600 | 47.2% |
| 177 ANTIETAM RD | 2025-07 | $515,000 | 1,659 | 47.9% |
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