The Fair Share Report

310 Sylvan 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

≈ $325,579

Likely range $247,478 – $350,882, 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 $325,579 home should be assessed near $184,929.

Step 3 · Assessed value

$135,500

Set at the last town-wide revaluation and mostly frozen since. That's $49,429 below what the ratio math suggests (26.7%).

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%

Step 5 · The bill

$7,172/yr
Public schools$1,793
Camden County$1,248
Town of Gloucester City$4,131
Gloucester City average$5,850

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

Town median 44.4%
This home · 41.6%

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
323 ORLANDO AVE2025-09$325,0001,68445.3%
1695 MARKET ST2025-01$325,0001,64949.8%
606 N BROWN ST2026-04$235,0001,63254.0%
913 MORRIS ST2026-01$250,0001,60044.9%
374 WALNUT AVE2026-01$370,0001,75548.8%
374 WALNUT AVE2025-10$190,0001,75595.0%
355 MAPLE AVE2025-07$337,0001,70844.8%
27 GOLDY DRIVE2026-04$366,0001,61746.3%
934 MERCER ST2025-12$261,0001,61847.1%
1425 CHESTNUT AVE2026-01$350,0001,59844.8%
36 UNIVERSITY AVE2025-06$392,5001,68531.4%
392 WALNUT AVE2026-02$315,0001,78752.0%

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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 →