The Fair Share Report
1 E Rd
Gibbsboro, NJ 08026
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $235,418 – $394,257, from 12 comparable Gibbsboro sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Gibbsboro assessments sit below market value — republished every October, applied town-wide. A $349,708 home should be assessed near $233,010.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $68,910 below what the ratio math suggests (29.6%).
Step 4 · The tax rate — same for every Gibbsboro home
$2.675 Schools · 57% $0.803 County · 17% $1.184 Town · 25%
Step 5 · The bill
This home vs. every recent Gibbsboro sale · assessed ÷ market
36%82%
Paying about right
This home's ratio lands inside Gibbsboro's normal band. The drift hasn't singled it out — no case for a tax appeal.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 12 CLEARBROOK DR | 2025-07 | $225,000 | 1,522 | 78.8% |
| 34 KIRKWOOD RD | 2025-05 | $386,000 | 1,378 | 47.4% |
| 20 OLD EGG HARBOR RD | 2025-06 | $450,000 | 1,390 | 42.7% |
| 43 NORCROSS RD | 2026-03 | $231,000 | 1,352 | 74.3% |
| 42 WINDING WAY | 2026-04 | $290,000 | 1,690 | 69.8% |
| 199 LAKEVIEW DR S | 2025-12 | $334,900 | 1,276 | 50.9% |
| 24 EDGEHILL RD | 2025-10 | $280,000 | 1,771 | 70.7% |
| 18 HENRY RD | 2026-03 | $297,000 | 1,196 | 55.2% |
| 25 GLENVIEW WAY E | 2025-09 | $342,500 | 1,436 | 54.3% |
| 43 GLENVIEW WAY E | 2025-07 | $340,000 | 1,436 | 54.4% |
| 18 FARWOOD RD | 2025-04 | $423,000 | 2,026 | 52.1% |
| 1 GLENVIEW CT | 2026-05 | $365,000 | 1,628 | 55.3% |
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