The Fair Share Report
19 Spar Dr
Gloucester, NJ 08084
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 $204,422 – $260,708, from 12 comparable Gloucester sales in the past 18 months (home size estimated from assessor data — range widened).
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 $236,136 home should be assessed near $134,479.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $23,979 below what the ratio math suggests (17.8%).
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 |
|---|---|---|---|---|
| 371 CHERRYWOOD DRIVE | 2026-05 | $270,000 | 1,260 | 44.4% |
| 442 LA CASCATA TNHS | 2026-03 | $234,999 | 1,240 | 25.8% |
| 442 LA CASCATA TNHS | 2025-08 | $152,000 | 1,240 | 39.9% |
| 1201 THACKERY COURT | 2025-06 | $245,000 | 1,218 | 47.4% |
| 46 HAMPSHIRE ROAD | 2025-09 | $210,000 | 1,250 | 25.1% |
| 20 DIANA DRIVE | 2025-01 | $185,000 | 1,300 | 76.2% |
| 16 CHERRY CIRCLE | 2025-11 | $240,000 | 1,164 | 56.5% |
| 145 BREWERS AVENUE | 2025-05 | $325,000 | 1,315 | 65.2% |
| 51 EDINSHIRE ROAD | 2025-12 | $175,000 | 1,162 | 34.7% |
| 6 HOLLY RUN DRIVE | 2025-06 | $362,500 | 1,200 | 37.6% |
| 6 HOLLY RUN DRIVE | 2025-03 | $242,500 | 1,200 | 56.3% |
| 6 HOLLY RUN DRIVE | 2025-02 | $220,000 | 1,200 | 62.0% |
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