The Fair Share Report
302 Hidden Dr
Gloucester, NJ 07746
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 $358,589 – $434,726, 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 $379,867 home should be assessed near $216,334.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $23,634 below what the ratio math suggests (10.9%).
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 |
|---|---|---|---|---|
| 94 ANNAPOLIS DRIVE | 2025-12 | $535,888 | 1,917 | 46.1% |
| 204 HIDDEN DRIVE | 2025-02 | $285,000 | 2,105 | 68.7% |
| 344 HIDDEN DRIVE | 2025-06 | $310,000 | 1,726 | 55.9% |
| 10 MUIRFIELD COURT | 2025-12 | $400,000 | 1,950 | 54.8% |
| 13 SAWGRASS COURT | 2025-03 | $335,000 | 1,958 | 62.4% |
| 47 GREEN'S WAY | 2025-09 | $432,000 | 1,950 | 57.4% |
| 150 LA COSTA DRIVE | 2025-06 | $385,000 | 1,950 | 56.8% |
| 150 LA COSTA DRIVE | 2025-03 | $370,000 | 1,950 | 59.1% |
| 23 ARLINGTON ROAD | 2026-02 | $590,000 | 1,984 | 41.2% |
| 151 LA COSTA DRIVE | 2026-04 | $395,000 | 1,950 | 55.8% |
| 191 LA COSTA DRIVE | 2025-01 | $360,000 | 1,914 | 60.2% |
| 6 MORNINGSTAR COURT | 2026-06 | $530,000 | 2,074 | 47.6% |
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