The Fair Share Report

508 Brown 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

≈ $562,994

Likely range $347,669 – $591,735, 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 $562,994 home should be assessed near $295,910.

Step 3 · Assessed value

$273,300

Set at the last town-wide revaluation and mostly frozen since. That's $22,610 below what the ratio math suggests (7.6%).

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

$10,946/yr
Public schools$6,994
Burlington County$1,625
Town of Delran$2,326
Delran average$8,211

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

Town median 48.4%
This home · 48.5%

36%84%

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
19 MONTCLAIR DR2025-08$590,0002,22041.6%
10 RIDGEWOOD AVE2025-07$350,0002,21172.9%
407 CHESTNUT ST2025-04$260,0002,48480.0%
88 PRINCETON DR2025-10$400,0002,36357.0%
322 ITHACA AVE2025-07$650,0002,19042.1%
24 HOLYOKE DR2025-07$485,0002,28851.0%
810 COLBY AVE2025-12$450,0002,38854.4%
20 RIDGEWOOD AVE2025-02$500,0001,96047.0%
5 PRINCETON DR2025-04$283,0002,27285.0%
13 RUTGERS DR2025-11$530,0002,33248.8%
123 SHELLY LANE2026-04$550,0002,12046.6%
111 KEVIN RD2025-10$690,0002,12038.7%

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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 →