The Fair Share Report
5 Sylvan Ct
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 $631,042 – $850,737, 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 $672,044 home should be assessed near $353,226.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $46,574 above what the ratio math suggests (13.2%).
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%69%
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% |
| 6 SYLVAN COURT | 2026-01 | $710,000 | 2,701 | 54.0% |
| 8 TOBY WELLS COURT | 2025-11 | $518,000 | 2,368 | 60.9% |
| 73 JANEWAY AVE | 2025-01 | $399,000 | 3,289 | 102.6% |
| 17 RIDGEVIEW RD | 2026-05 | $640,000 | 2,334 | 56.4% |
| 3 TEABERRY LANE | 2025-12 | $525,000 | 2,360 | 52.7% |
| 5 TOBY WELLS COURT | 2025-09 | $605,000 | 2,156 | 51.0% |
| 49 CRANBERRY LANE | 2025-05 | $652,000 | 2,927 | 54.3% |
| 212 HAWTHORNE WAY | 2025-07 | $437,000 | 2,070 | 54.1% |
| 319 HUNTINGTON DRIVE | 2025-07 | $430,000 | 2,056 | 54.1% |
| 3 ASTER CT | 2026-03 | $595,000 | 2,168 | 43.5% |
| 342 HUNTINGTON DRIVE | 2026-02 | $347,500 | 1,967 | 61.0% |
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