The Fair Share Report
142 Atlantic St
Gloucester, NJ 08030
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 $183,499 – $225,333, from 12 comparable Gloucester City sales in the past 18 months, at this home's 1,144 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Gloucester City assessments sit below market value — republished every October, applied town-wide. A $198,321 home should be assessed near $112,646.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $48,146 below what the ratio math suggests (42.7%).
Step 4 · The tax rate — same for every Gloucester City home
$1.323 Schools · 25% $0.921 County · 17% $3.048 Town · 58%
Step 5 · The bill
This home vs. every recent Gloucester City sale · assessed ÷ market
23%71%
Keep quiet and enjoy it
This home's assessment ratio sits below the Gloucester City pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 407 POWELL ST | 2025-07 | $192,000 | 1,197 | 34.1% |
| 330 POWELL ST | 2025-03 | $190,000 | 1,096 | 32.6% |
| 235 WILLOW ST | 2025-06 | $129,000 | 1,296 | 52.0% |
| 530 BERGEN ST | 2026-06 | $225,000 | 1,126 | 30.5% |
| 30 RAILROAD AVE | 2025-12 | $190,000 | 1,102 | 28.5% |
| 228 BERGEN ST | 2025-01 | $125,000 | 1,170 | 52.8% |
| 208 MORRIS ST | 2026-04 | $190,000 | 952 | 27.1% |
| 206 MORRIS ST | 2026-01 | $225,000 | 952 | 24.4% |
| 206 MORRIS ST | 2025-01 | $160,000 | 952 | 34.3% |
| 344 MIDDLESEX ST | 2026-05 | $170,000 | 930 | 60.3% |
| 213 WILLOW ST | 2025-12 | $208,000 | 1,056 | 25.2% |
| 414 MIDDLESEX ST | 2026-05 | $199,900 | 1,078 | 33.6% |
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