The Fair Share Report

74 Stoneham 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

≈ $642,025

Likely range $519,517 – $675,168, 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 $642,025 home should be assessed near $337,448.

Step 3 · Assessed value

$301,500

Set at the last town-wide revaluation and mostly frozen since. That's $35,948 below what the ratio math suggests (10.7%).

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

$12,075/yr
Public schools$7,716
Burlington County$1,793
Town of Delran$2,566
Delran average$8,211

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

Town median 48.4%
This home · 47.0%

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
9 TOBY WELLS COURT2025-07$650,0002,38051.5%
8 TOBY WELLS COURT2025-11$518,0002,36860.9%
66 STONEHAM DR2025-12$615,0002,34448.0%
31 INVERNESS DR.2025-03$605,0002,30448.4%
3 TEABERRY LANE2025-12$525,0002,36052.7%
13 ASHLEY DR.2025-04$515,0002,42054.7%
5 TOBY WELLS COURT2025-09$605,0002,15651.0%
33 HARPER BLVD2025-08$642,5002,40049.3%
60 STONEHAM DR2025-07$620,0002,41449.1%
3 ASTER CT2026-03$595,0002,16843.5%
212 HAWTHORNE WAY2025-07$437,0002,07054.1%
10 GRANDE BOULEVARD2025-09$581,0001,99347.3%

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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 →