The Fair Share Report

357 Jackson Rd

Mantua, NJ 08061

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

≈ $368,131

Likely range $328,812 – $384,239, from 12 comparable Mantua sales in the past 18 months, at this home's 1,414 sq ft.

Step 2 · The Director's Ratio

85.33%

The state's official measure of how far Mantua assessments sit below market value — republished every October, applied town-wide. A $368,131 home should be assessed near $314,126.

Step 3 · Assessed value

$276,200

Set at the last town-wide revaluation and mostly frozen since. That's $37,926 below what the ratio math suggests (12.1%).

Step 4 · The tax rate — same for every Mantua home

$2.516 per $100 assessed

$1.412 Schools · 56% $0.533 County · 21% $0.570 Town · 23%

Step 5 · The bill

$7,217/yr
Public schools$4,052
Gloucester County$1,530
Town of Mantua$1,636
Mantua average$7,870

This home vs. every recent Mantua sale · assessed ÷ market

Town median 76.6%
This home · 75.0%

61%104%

Paying about right

This home's ratio lands inside Mantua'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
274 LANSING DR2025-09$285,0001,43989.5%
6 DOVER RD2026-05$415,0001,43077.6%
280 COLUMBUS DR2025-08$395,0001,36067.4%
648 TOPEKA AVE2025-08$350,0001,36073.6%
642 TOPEKA AVE2025-07$345,0001,36081.2%
189 DENVER AVE2025-08$360,0001,32772.6%
19 LIVINGSTONE RD2026-06$300,0001,35688.0%
615 LESTERSHIRE DR2025-10$390,0001,49876.4%
501 DEVONSHIRE DR2026-02$390,00078.6%
333 JACKSON RD2025-12$360,0001,28970.9%
290 MONTGOMERY DR2025-12$349,9001,28869.3%
295 JACKSON RD2025-07$350,0001,28867.3%

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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 →