The Fair Share Report
308 Hidden Dr
Gloucester, NJ 08820
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 $347,777 – $428,928, 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 $364,315 home should be assessed near $207,477.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $31,277 below what the ratio math suggests (15.1%).
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 |
|---|---|---|---|---|
| 140 GLENN AVENUE | 2025-07 | $277,000 | — | 1.7% |
| 344 HIDDEN DRIVE | 2025-06 | $310,000 | 1,726 | 55.9% |
| 233 HIDDEN DRIVE | 2025-11 | $355,000 | 1,680 | 52.3% |
| 113 HIDDEN DRIVE | 2025-10 | $330,000 | 1,677 | 53.2% |
| 13 IRON GATE ROAD | 2026-04 | $345,000 | 1,746 | 56.7% |
| 94 ANNAPOLIS DRIVE | 2025-12 | $535,888 | 1,917 | 46.1% |
| 90 LA COSTA DRIVE | 2026-05 | $370,000 | 1,728 | 51.2% |
| 6 ASH COURT | 2026-04 | $415,000 | 1,788 | 50.4% |
| 16 CARR LANE | 2025-09 | $465,000 | 1,788 | 45.7% |
| 8 PENNSGROVE COURT | 2025-05 | $435,000 | 1,841 | 50.6% |
| 112 VILLAGE GREEN LANE | 2025-07 | $368,800 | 1,825 | 55.7% |
| 12 FARM FIELD LANE | 2025-07 | $375,000 | 1,825 | 54.8% |
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