The Fair Share Report
143 Fairmount Ave
Gloucester, NJ 08089
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 $357,292 – $418,560, from 12 comparable Gloucester sales in the past 18 months, at this home's 1,744 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Gloucester assessments sit below market value — republished every October, applied town-wide. A $385,663 home should be assessed near $219,635.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $28,635 below what the ratio math suggests (13.0%).
Step 4 · The tax rate — same for every Gloucester home
$1.890 Schools · 45% $0.949 County · 23% $1.339 Town · 32%
Step 5 · The bill
This home vs. every recent Gloucester sale · assessed ÷ market
35%74%
Paying about right
This home's ratio lands inside Gloucester'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 |
|---|---|---|---|---|
| 225 ORONO PLACE | 2025-11 | $393,500 | 1,758 | 53.4% |
| 27 RANDY ROAD | 2026-04 | $450,000 | 1,756 | 49.6% |
| 231 HOLLYOKE ROAD | 2026-05 | $400,000 | 1,780 | 47.9% |
| 18 TRINITY LANE | 2025-10 | $380,000 | 1,744 | 46.8% |
| 400 JEFFERSON COURT | 2026-03 | $385,000 | 1,733 | 46.2% |
| 400 JEFFERSON COURT | 2025-06 | $200,000 | 1,733 | 88.8% |
| 412 HILLCREST AVENUE | 2025-12 | $450,000 | 1,686 | 48.2% |
| 1036 SURREY ROAD | 2026-02 | $390,000 | 1,780 | 50.5% |
| 920 STEPHEN ROAD | 2026-01 | $350,000 | 1,678 | 50.5% |
| 201 FAIRMOUNT AVENUE | 2025-03 | $350,000 | 1,744 | 55.3% |
| 24 BRANDYWINE ROAD | 2026-03 | $420,000 | 1,750 | 51.6% |
| 343 DAVISTOWN ROAD | 2025-08 | $465,000 | 1,634 | 46.8% |
Is this your house?
Run your own report →