The Fair Share Report

16 Ruby Ave

Deptford, NJ 08080

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

≈ $337,744

Likely range $313,718 – $373,738, from 12 comparable Deptford sales in the past 18 months (home size estimated from assessor data — range widened).

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 $337,744 home should be assessed near $214,197.

Step 3 · Assessed value

$173,200

Set at the last town-wide revaluation and mostly frozen since. That's $40,997 below what the ratio math suggests (19.1%).

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

$6,343/yr
Public schools$3,340
Gloucester County$1,245
Town of Deptford$1,758
Deptford average$6,316

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

Town median 49.3%
This home · 51.3%

36%78%

Paying about right

This home's ratio lands inside Deptford's normal band. The drift hasn't singled it out — no case for a tax appeal.

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

AddressSoldPriceSq ftRatio
24 MURPHY AVE2025-03$370,0001,66447.3%
168 PETERSON BLVD2025-03$337,5001,60850.5%
111 COVE RD2026-01$325,4001,55451.3%
421 WESTMINSTER RD2025-08$355,0001,61449.5%
114 LINCOLN RD2025-02$320,0001,56953.9%
668 PRINCETON BLVD2025-08$400,0001,71242.3%
1988 MELVINA RD2025-12$267,0001,55563.7%
240 DEER LN2025-12$365,0001,80852.3%
629 VASSAR RD2026-02$320,0001,63454.6%
500 UNIVERSITY BLVD2025-08$283,0001,57154.8%
441 BUCKNELL AVE2026-01$305,0001,56051.2%
316 LYCOMING AVE2025-02$347,0001,56048.3%

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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 →