The Fair Share Report

175 Merseyside Dr

Woolwich, NJ 08085

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

≈ $533,957

Likely range $437,490 – $557,586, from 12 comparable Woolwich sales in the past 18 months, at this home's 2,108 sq ft.

Step 2 · The Director's Ratio

64.34%

The state's official measure of how far Woolwich assessments sit below market value — republished every October, applied town-wide. A $533,957 home should be assessed near $343,548.

Step 3 · Assessed value

$392,000

Set at the last town-wide revaluation and mostly frozen since. That's $48,452 above what the ratio math suggests (14.1%).

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

$3.376 per $100 assessed

$2.090 Schools · 62% $0.706 County · 21% $0.580 Town · 17%

Step 5 · The bill

$13,238/yr
Public schools$8,195
Gloucester County$2,768
Town of Woolwich$2,274
Woolwich average$10,928

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

Town median 59.7%
This home · 73.4%

48%95%

A touch high — worth watching

This home's ratio sits above most of Woolwich, but doesn't clear NJ's legal appeal line (73.99%).

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

AddressSoldPriceSq ftRatio
76 WESTON DR2025-08$555,0002,10872.8%
95 WESTON DR2025-11$565,0002,10866.8%
203 AMESBURY BLVD2025-12$435,0002,09663.4%
135 BANTRY ST2025-05$390,0002,00857.1%
133 BANTRY ST2025-08$385,0002,00867.4%
343 TAFT DR2026-06$515,0001,94753.4%
504 SAMMY ST2025-07$425,0001,96056.6%
142 EISENHOWER DR2026-04$625,0001,94763.1%
83 WESTON DR2025-08$614,0002,42467.7%
138 MERSEYSIDE DR2025-08$521,0001,81265.8%
205 WESTON DR2025-05$635,0002,42465.7%
261 WESTON DR2026-02$635,0002,42457.5%

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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 →