The Fair Share Report

883 Smith 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

≈ $431,447

Likely range $387,076 – $483,076, 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 $431,447 home should be assessed near $226,769.

Step 3 · Assessed value

$212,600

Set at the last town-wide revaluation and mostly frozen since. That's $14,169 below what the ratio math suggests (6.2%).

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

$8,515/yr
Public schools$5,441
Burlington County$1,264
Town of Delran$1,809
Delran average$8,211

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

Town median 48.4%
This home · 49.3%

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
23 LEHIGH DR2026-03$445,0001,78049.2%
57 CORNELL DR2025-09$425,0001,78055.7%
1122 FAIRVIEW ST2025-12$420,0001,71643.8%
1 STEVENS DR2025-04$493,0001,73646.6%
48 DARTMOUTH DR2025-07$473,0001,73647.9%
417 ARCH ST2025-10$460,0001,74442.4%
53 PRINCETON DR2025-12$425,0001,73652.8%
153 OXFORD RD2025-07$429,9001,88053.6%
29 HAINES MILL ROAD2026-01$430,0001,97943.1%
60 NOTRE DAME DR2025-12$410,0001,73648.7%
19 STEVENS DR2025-09$415,0001,97948.3%
59 HAINES MILL ROAD2025-09$425,0001,97944.6%

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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 →