The Fair Share Report

412 Main 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

≈ $437,674

Likely range $394,627 – $444,838, 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 $437,674 home should be assessed near $230,041.

Step 3 · Assessed value

$184,600

Set at the last town-wide revaluation and mostly frozen since. That's $45,441 below what the ratio math suggests (19.8%).

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

$7,393/yr
Public schools$4,724
Burlington County$1,098
Town of Delran$1,571
Delran average$8,211

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

Town median 48.4%
This home · 42.2%

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
225 SHARROW VALE RD2026-01$450,0001,46444.2%
188 SAWMILL CT2025-03$435,0001,46447.2%
115 HAINES MILL RD2026-03$476,0001,60044.9%
104 DORADO DR2025-08$435,0001,60047.2%
104 GREEN BRIAR RD2025-06$440,0001,46445.7%
121 DORADO DR2025-10$461,0001,46444.1%
177 ANTIETAM RD2025-07$515,0001,65947.9%
139 PATRICIA AVE2026-01$403,0001,48446.4%
139 PATRICIA AVE2025-09$310,0001,48460.3%
740 BAYLOR ST2025-10$390,0001,51647.6%
833 DREXEL ST2025-04$400,0001,51645.7%
178 FORGE RD2025-07$460,0001,57445.6%

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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 →