The Fair Share Report

5 Springcress 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.

Step 1 · Market value

≈ $386,788

Likely range $370,906 – $429,215, 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 $386,788 home should be assessed near $203,296.

Step 3 · Assessed value

$247,200

Set at the last town-wide revaluation and mostly frozen since. That's $43,904 above what the ratio math suggests (21.6%).

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

$9,900/yr
Public schools$6,326
Burlington County$1,470
Town of Delran$2,104
Delran average$8,211

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

Town median 48.4%
This home · 63.9%

36%72%

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)

AddressSoldPriceSq ftRatio
12 SPRINGCRESS DR2025-06$553,0002,00643.1%
3 WINTERBERRY PLACE2025-07$375,0001,91051.1%
27 FIRETHORN LANE2025-12$375,0001,93854.4%
1 WINTERBERRY PLACE2025-10$380,0001,89854.6%
10 BAYBERRY LANE2025-04$379,0001,89851.5%
7 LILYBERRY PLACE2025-11$365,0001,89653.1%
1 WEATHERLY ROAD2025-12$421,5001,92649.2%
8 WEATHERLY ROAD2025-05$392,6001,92649.5%
3 FIRETHORN LANE2025-12$350,0001,91454.5%
22 SUN HAVEN PLACE2025-11$380,0001,91450.5%
1 FIRETHORN LANE2025-09$395,0001,89852.8%
5 WEATHERLY ROAD2025-03$360,0001,89854.1%

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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 →