The Fair Share Report

32 Temple 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

≈ $355,104

Likely range $323,849 – $389,792, 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 $355,104 home should be assessed near $201,699.

Step 3 · Assessed value

$208,800

Set at the last town-wide revaluation and mostly frozen since. That's $7,101 above what the ratio math suggests (3.5%).

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

$11,052/yr
Public schools$2,763
Camden County$1,923
Town of Gloucester City$6,365
Gloucester City average$5,850

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

Town median 44.4%
This home · 58.8%

26%71%

A touch high — worth watching

This home's ratio sits above most of Gloucester City, but doesn't clear NJ's legal appeal line (65.32%).

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
14 SPRINGDALE DRIVE2025-09$460,0002,19638.3%
830 POWELL ST2025-10$342,0002,24454.2%
840 CUMBERLAND ST2025-08$385,0002,46440.4%
413 SOMERSET ST2025-11$379,00015.3%
501 N JOHNSON BLVD2026-02$344,3502,60249.8%
1100 STATION AVE2025-01$390,0002,00745.4%
219 ORLANDO AVE2026-01$294,5002,15655.9%
21 PRINCETON AVE2025-07$315,0002,01254.9%
831 POWELL ST2025-01$260,0001,94464.9%
336 SPRUCE AVE2025-07$417,0002,87036.0%
101 N BROWN ST2026-02$313,0002,31646.3%
9 STITES AVE2025-06$430,0001,66744.5%

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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 →