The Fair Share Report

418 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

≈ $360,045

Likely range $348,706 – $365,714, from 12 comparable Deptford sales in the past 18 months (home size estimated from assessor data — range widened).

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 $360,045 home should be assessed near $228,341.

Step 3 · Assessed value

$172,400

Set at the last town-wide revaluation and mostly frozen since. That's $55,941 below what the ratio math suggests (24.5%).

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

$6,063/yr
Public schools$3,193
Gloucester County$1,190
Town of Deptford$1,680
Deptford average$6,316

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

Town median 49.3%
This home · 47.9%

36%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
238 SYRACUSE AVE2026-04$375,0001,68046.4%
748 DARTMOUTH DR2026-01$311,4001,68057.9%
725 DUKE DR2025-05$365,0001,68044.4%
741 DUKE DR2025-05$400,0001,68044.6%
629 VASSAR RD2026-02$320,0001,63454.6%
721 DARTMOUTH DR2026-05$380,0001,68041.4%
452 COLLEGE BLVD2026-04$359,9001,58245.4%
1036 SUSSEX AVE2026-03$380,0001,57244.4%
412 UNIVERSITY BLVD2025-07$340,6951,56042.0%
414 WESTMINSTER RD2025-05$350,0001,56045.7%
421 WESTMINSTER RD2025-08$355,0001,61449.5%
233 MARION AVE2025-10$340,0001,54643.0%

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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 →