The Fair Share Report

417 Second Ave

Deptford, NJ 08096

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

≈ $280,442

Likely range $176,383 – $303,919, from 12 comparable Deptford sales in the past 18 months, at this home's 1,114 sq ft.

Step 2 · The Director's Ratio

63.42%

The state's official measure of how far Deptford assessments sit below market value — republished every October, applied town-wide. A $280,442 home should be assessed near $177,856.

Step 3 · Assessed value

$110,400

Set at the last town-wide revaluation and mostly frozen since. That's $67,456 below what the ratio math suggests (37.9%).

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

$3.440 per $100 assessed

$1.811 Schools · 53% $0.675 County · 20% $0.953 Town · 28%

Step 5 · The bill

$4,043/yr
Public schools$2,129
Gloucester County$794
Town of Deptford$1,120
Deptford average$6,316

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

Town median 49.3%
This home · 39.4%

31%78%

Paying about right

This home's ratio lands inside Deptford'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
1054 MAIL AVE2026-06$190,0001,20055.6%
1421 COOPER ST2025-03$145,0001,11790.3%
707 HOWARD AVE2025-09$330,0001,12251.1%
1152 MANTUA PK2025-07$274,4861,29843.4%
1152 MANTUA PK2025-04$177,5001,29867.2%
411 PINE AVE2025-03$305,0001,16142.9%
2308 LANSING AVE2025-01$250,0001,37755.7%
PINE AVE2026-04$275,0001,00839.2%
415 RANKIN AVE2025-07$140,0001,06972.9%
1856 BELLEVUE AVE2025-01$285,0001,10841.8%
47 TARAS AVE2026-03$280,0001,23742.1%
915 MARYLAND AVE2026-04$390,0001,10537.7%

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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 →