The Fair Share Report

110 Eachus Rd

Mantua, NJ 08062

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

≈ $346,695

Likely range $305,458 – $371,519, from 12 comparable Mantua sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

85.33%

The state's official measure of how far Mantua assessments sit below market value — republished every October, applied town-wide. A $346,695 home should be assessed near $295,835.

Step 3 · Assessed value

$314,000

Set at the last town-wide revaluation and mostly frozen since. That's $18,165 above what the ratio math suggests (6.1%).

Step 4 · The tax rate — same for every Mantua home

$2.516 per $100 assessed

$1.412 Schools · 56% $0.533 County · 21% $0.570 Town · 23%

Step 5 · The bill

$8,205/yr
Public schools$4,606
Gloucester County$1,739
Town of Mantua$1,860
Mantua average$7,870

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

Town median 76.6%
This home · 90.6%

61%108%

A touch high — worth watching

This home's ratio sits above most of Mantua, but doesn't clear NJ's legal appeal line (98.13%).

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
50 OWENS LN2026-03$323,0251,71587.5%
580 MT ROYAL RD2025-06$340,0001,62575.3%
433 BERKLEY RD2026-01$325,0001,49684.0%
280 W SUSSEX AVE2026-06$420,0001,61266.0%
310 PELLINORE CT2025-08$302,0001,48073.3%
215 BALIN CT2025-03$267,0001,48077.2%
400 ACCOLON CT2025-02$255,0001,48081.1%
227 BALIN CT2025-02$260,0001,48095.0%
137 PENDRAGON WAY2026-04$320,0001,48081.4%
22 HART LN2025-12$542,5001,88572.1%
62 SOMERSET AVE2025-01$440,0001,67072.1%
144 WILSON AVE2025-05$348,5001,44875.0%

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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 →