The Fair Share Report
27 E Rd
Gibbsboro, NJ 08026
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 $258,335 – $386,901, from 12 comparable Gibbsboro 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 Gibbsboro assessments sit below market value — republished every October, applied town-wide. A $318,454 home should be assessed near $212,186.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $65,086 below what the ratio math suggests (30.7%).
Step 4 · The tax rate — same for every Gibbsboro home
$2.675 Schools · 57% $0.803 County · 17% $1.184 Town · 25%
Step 5 · The bill
This home vs. every recent Gibbsboro sale · assessed ÷ market
33%82%
Paying about right
This home's ratio lands inside Gibbsboro'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 |
|---|---|---|---|---|
| 137 MANOR RD | 2025-06 | $335,000 | 1,686 | 51.9% |
| 34 KIRKWOOD RD | 2025-05 | $386,000 | 1,378 | 47.4% |
| 43 NORCROSS RD | 2026-03 | $231,000 | 1,352 | 74.3% |
| 199 LAKEVIEW DR S | 2025-12 | $334,900 | 1,276 | 50.9% |
| 20 OLD EGG HARBOR RD | 2025-06 | $450,000 | 1,390 | 42.7% |
| 18 HENRY RD | 2026-03 | $297,000 | 1,196 | 55.2% |
| 25 GLENVIEW WAY E | 2025-09 | $342,500 | 1,436 | 54.3% |
| 43 GLENVIEW WAY E | 2025-07 | $340,000 | 1,436 | 54.4% |
| 12 CLEARBROOK DR | 2025-07 | $225,000 | 1,522 | 78.8% |
| 69 HOLLY RD | 2026-03 | $393,000 | 1,216 | 42.9% |
| 178 BERLIN RD | 2025-07 | $749,000 | 1,774 | 40.7% |
| 23A MARLTON AVE | 2026-04 | $235,000 | 1,130 | 53.8% |
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