The Fair Share Report
239 Morris St
Gloucester, NJ 08021
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 $185,026 – $232,923, 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
The state's official measure of how far Gloucester City assessments sit below market value — republished every October, applied town-wide. A $214,102 home should be assessed near $121,610.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $59,610 below what the ratio math suggests (49.0%).
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
21%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 |
|---|---|---|---|---|
| 433 MIDDLESEX ST | 2025-05 | $230,000 | 1,197 | 31.2% |
| 607 RIDGEWAY ST | 2025-06 | $240,000 | 1,213 | 52.7% |
| 229 FILMORE ST | 2025-10 | $196,000 | 1,184 | 33.7% |
| 608 RIDGEWAY ST | 2026-01 | $215,000 | 1,197 | 39.1% |
| 237 MORRIS ST | 2025-12 | $125,000 | 1,118 | 43.8% |
| 601 HUNTER ST | 2026-03 | $235,000 | 1,164 | 29.5% |
| 813 CUMBERLAND ST | 2025-05 | $230,000 | 1,230 | 55.5% |
| 319 BERGEN ST | 2026-04 | $245,140 | 1,248 | 32.2% |
| 319 BERGEN ST | 2025-10 | $153,000 | 1,248 | 51.6% |
| 319 BERGEN ST | 2025-09 | $130,000 | 1,248 | 60.7% |
| 321 BERGEN ST | 2025-07 | $200,000 | 1,248 | 38.0% |
| 609 RIDGEWAY ST | 2025-08 | $209,900 | 1,129 | 53.6% |
Is this your house?
Run your own report →