The Fair Share Report

60 Cornell 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

≈ $441,952

Likely range $415,376 – $492,718, 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 $441,952 home should be assessed near $232,290.

Step 3 · Assessed value

$236,500

Set at the last town-wide revaluation and mostly frozen since. That's $4,210 above what the ratio math suggests (1.8%).

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

$9,472/yr
Public schools$6,053
Burlington County$1,407
Town of Delran$2,013
Delran average$8,211

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

Town median 48.4%
This home · 53.5%

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
2 DARTMOUTH DR2025-09$492,0001,73643.8%
1 STEVENS DR2025-04$493,0001,73646.6%
19 STEVENS DR2025-09$415,0001,97948.3%
59 HAINES MILL ROAD2025-09$425,0001,97944.6%
25 HOLYOKE DR2025-08$390,0001,97950.6%
4 STEVENS DR2025-02$460,0001,97943.1%
60 NOTRE DAME DR2025-12$410,0001,73648.7%
20 RIDGEWOOD AVE2025-02$500,0001,96047.0%
29 HOLYOKE DR2025-07$520,0001,97938.2%
53 PRINCETON DR2025-12$425,0001,73652.8%
57 CORNELL DR2025-09$425,0001,78055.7%
23 LEHIGH DR2026-03$445,0001,78049.2%

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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 →