The Fair Share Report
47 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $566,563 – $707,353, from 12 comparable Delran sales in the past 18 months, at this home's 2,590 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 $679,544 home should be assessed near $357,168.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $18,368 below what the ratio math suggests (5.1%).
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 |
|---|---|---|---|---|
| 9 TOBY WELLS COURT | 2025-07 | $650,000 | 2,380 | 51.5% |
| 8 TOBY WELLS COURT | 2025-11 | $518,000 | 2,368 | 60.9% |
| 66 STONEHAM DR | 2025-12 | $615,000 | 2,344 | 48.0% |
| 31 INVERNESS DR. | 2025-03 | $605,000 | 2,304 | 48.4% |
| 3 TEABERRY LANE | 2025-12 | $525,000 | 2,360 | 52.7% |
| 60 STONEHAM DR | 2025-07 | $620,000 | 2,414 | 49.1% |
| 13 ASHLEY DR. | 2025-04 | $515,000 | 2,420 | 54.7% |
| 33 HARPER BLVD | 2025-08 | $642,500 | 2,400 | 49.3% |
| 2 MILLER'S RUN | 2026-04 | $460,000 | 2,748 | 49.3% |
| 5 TOBY WELLS COURT | 2025-09 | $605,000 | 2,156 | 51.0% |
| 24 SPRINGCRESS DR | 2025-09 | $789,000 | 2,722 | 36.8% |
| 10 GRANDE BOULEVARD | 2025-09 | $581,000 | 1,993 | 47.3% |
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