The Fair Share Report

64 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

≈ $556,491

Likely range $450,738 – $600,711, 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 $556,491 home should be assessed near $292,492.

Step 3 · Assessed value

$270,100

Set at the last town-wide revaluation and mostly frozen since. That's $22,392 below what the ratio math suggests (7.7%).

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

$10,818/yr
Public schools$6,913
Burlington County$1,606
Town of Delran$2,299
Delran average$8,211

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

Town median 48.4%
This home · 48.5%

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
3 ASTER CT2026-03$595,0002,16843.5%
102 SPRINGCRESS DR2025-07$515,0002,08448.9%
12 SPRINGCRESS DR2025-06$553,0002,00643.1%
5 TOBY WELLS COURT2025-09$605,0002,15651.0%
7 AMBERFIELD DR2025-07$600,0002,10943.5%
212 HAWTHORNE WAY2025-07$437,0002,07054.1%
319 HUNTINGTON DRIVE2025-07$430,0002,05654.1%
3 TEABERRY LANE2025-12$525,0002,36052.7%
31 INVERNESS DR.2025-03$605,0002,30448.4%
66 STONEHAM DR2025-12$615,0002,34448.0%
342 HUNTINGTON DRIVE2026-02$347,5001,96761.0%
325 HUNTINGTON DRIVE2025-03$420,0001,96752.0%

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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 →