The Fair Share Report

67 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

≈ $430,806

Likely range $375,257 – $502,413, 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 $430,806 home should be assessed near $226,432.

Step 3 · Assessed value

$228,900

Set at the last town-wide revaluation and mostly frozen since. That's $2,468 above what the ratio math suggests (1.1%).

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

$9,167/yr
Public schools$5,858
Burlington County$1,361
Town of Delran$1,948
Delran average$8,211

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

Town median 48.4%
This home · 53.1%

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
12 TEABERRY LANE2026-02$504,0001,66243.8%
305 HUNTINGTON DRIVE2025-01$410,0001,83849.4%
204 HAWTHORNE WAY2025-02$390,0001,85253.1%
10 WOODYFIELD LANE2025-03$489,5001,71449.0%
102 SPRINGCRESS DR2025-07$515,0002,08448.9%
12 SPRINGCRESS DR2025-06$553,0002,00643.1%
163 CASTLETON RD2025-11$415,0001,66249.9%
156 CASTLETON RD2025-06$360,0001,66255.5%
451 DORCHESTER DRIVE2025-04$370,0001,66255.3%
445 DORCHESTER DRIVE2025-04$400,0001,66248.4%
118 SUBURBAN BLVD2025-05$275,0001,58951.5%
342 HUNTINGTON DRIVE2026-02$347,5001,96761.0%

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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 →