The Fair Share Report
208 Morris 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 $153,459 – $175,152, from 12 comparable Gloucester City sales in the past 18 months, at this home's 952 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 $165,405 home should be assessed near $93,950.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $42,550 below what the ratio math suggests (45.3%).
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
24%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 |
|---|---|---|---|---|
| 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% |
| 911 GEORGE ST | 2026-04 | $170,000 | 924 | 34.3% |
| 207 CUMBERLAND ST | 2025-11 | $170,900 | 962 | 27.4% |
| 820 CUMBERLAND ST | 2025-10 | $167,000 | 1,036 | 42.9% |
| 821 CUMBERLAND ST | 2025-04 | $190,000 | 960 | 46.0% |
| 330 POWELL ST | 2025-03 | $190,000 | 1,096 | 32.6% |
| 232 S BROADWAY | 2025-06 | $85,000 | 1,056 | 90.8% |
| 204 MIDDLESEX ST | 2025-11 | $158,000 | 1,012 | 31.5% |
| 521 BERGEN ST | 2025-07 | $190,000 | 1,071 | 29.8% |
| 248 S BROADWAY | 2025-05 | $102,000 | 972 | 65.0% |
Is this your house?
Run your own report →