The Fair Share Report

21 Lehigh Ave

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.

Step 1 · Market value

≈ $367,768

Likely range $295,634 – $407,841, from 12 comparable Gloucester City sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

56.80%

The state's official measure of how far Gloucester City assessments sit below market value — republished every October, applied town-wide. A $367,768 home should be assessed near $208,892.

Step 3 · Assessed value

$156,500

Set at the last town-wide revaluation and mostly frozen since. That's $52,392 below what the ratio math suggests (25.1%).

Step 4 · The tax rate — same for every Gloucester City home

$5.292 per $100 assessed

$1.323 Schools · 25% $0.921 County · 17% $3.048 Town · 58%

This home's own bill implies $5.133 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$8,034/yr
Public schools$2,008
Camden County$1,398
Town of Gloucester City$4,627
Gloucester City average$5,850

This home vs. every recent Gloucester City sale · assessed ÷ market

Town median 44.4%
This home · 42.6%

26%71%

Paying about right

This home's ratio lands inside Gloucester City'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
58 SWARTHMORE AVE2025-06$350,0002,02252.7%
206 WESTON AVE2025-08$375,0001,86046.7%
27 GOLDY DRIVE2026-04$366,0001,61746.3%
1425 CHESTNUT AVE2026-01$350,0001,59844.8%
1695 MARKET ST2025-01$325,0001,64949.8%
144 EDWARDS DR2025-10$367,0001,51538.0%
1417 ORIENTAL AVE2025-07$300,0001,45550.1%
400 SHERWOOD AVE2025-03$400,0001,86850.2%
429 WALNUT AVE2025-02$300,0002,08055.5%
1461 CHESTNUT AVE2025-07$335,0001,90848.2%
219 ORLANDO AVE2026-01$294,5002,15655.9%
1408 ORIENTAL AVE2025-09$215,0001,29260.2%

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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 →