The Fair Share Report

885 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

≈ $279,533

Likely range $261,975 – $323,210, from 12 comparable Delran sales in the past 18 months, at this home's 898 sq ft.

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 $279,533 home should be assessed near $146,923.

Step 3 · Assessed value

$138,700

Set at the last town-wide revaluation and mostly frozen since. That's $8,223 below what the ratio math suggests (5.6%).

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

$5,555/yr
Public schools$3,550
Burlington County$825
Town of Delran$1,180
Delran average$8,211

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

Town median 48.4%
This home · 49.6%

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
325 JUNIATA AVE2025-05$370,0001,02842.3%
325 JUNIATA AVE2025-03$205,0001,02876.4%
410 CHESTER AVE2025-11$299,9001,02848.8%
321 JUNIATA AVE2025-11$320,0001,02851.6%
909 SMITH ST2025-08$365,0001,08046.1%
319 JUNIATA AVE2025-07$425,0001,02840.0%
500 MAIN ST2025-01$359,9001,12047.5%
318 CHESTNUT ST2026-01$290,00096048.4%
197 WESTOVER DR2026-03$455,0001,04043.7%
521 LEON AVE2026-04$340,0001,13047.5%
521 LEON AVE2026-02$250,0001,13064.6%
2 RESERVE AVE2025-07$349,0001,05036.2%

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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 →