The Fair Share Report

116 Walker Ave

Deptford, NJ 08096

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

≈ $337,856

Likely range $302,458 – $346,189, from 12 comparable Deptford sales in the past 18 months, at this home's 1,547 sq ft.

Step 2 · The Director's Ratio

63.42%

The state's official measure of how far Deptford assessments sit below market value — republished every October, applied town-wide. A $337,856 home should be assessed near $214,268.

Step 3 · Assessed value

$200,900

Set at the last town-wide revaluation and mostly frozen since. That's $13,368 below what the ratio math suggests (6.2%).

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

$3.440 per $100 assessed

$1.811 Schools · 53% $0.675 County · 20% $0.953 Town · 28%

Step 5 · The bill

$7,357/yr
Public schools$3,874
Gloucester County$1,444
Town of Deptford$2,039
Deptford average$6,316

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

Town median 49.3%
This home · 59.5%

36%78%

A touch high — worth watching

This home's ratio sits above most of Deptford, but doesn't clear NJ's legal appeal line (72.93%).

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

AddressSoldPriceSq ftRatio
111 COVE RD2026-01$325,4001,55451.3%
441 BUCKNELL AVE2026-01$305,0001,56051.2%
500 UNIVERSITY BLVD2025-08$283,0001,57154.8%
316 LYCOMING AVE2025-02$347,0001,56048.3%
366 VILLANOVA AVE2025-08$315,0001,51555.8%
168 PETERSON BLVD2025-03$337,5001,60850.5%
760 HIGHLAND AVE2025-11$310,0001,72554.5%
34 ANDY SNYDER BLVD2026-06$325,0001,41442.9%
1113 CUMBERLAND AVE2025-07$335,0001,49745.4%
412 UNIVERSITY BLVD2025-07$340,6951,56042.0%
414 WESTMINSTER RD2025-05$350,0001,56045.7%
233 MARION AVE2025-10$340,0001,54643.0%

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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 →