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.
This home's full record →Check another house →
Step 1 · Market value
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
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
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
$1.811 Schools · 53% $0.675 County · 20% $0.953 Town · 28%
Step 5 · The bill
This home vs. every recent Deptford sale · assessed ÷ market
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 238 SYRACUSE AVE | 2026-04 | $375,000 | 1,680 | 46.4% |
| 748 DARTMOUTH DR | 2026-01 | $311,400 | 1,680 | 57.9% |
| 725 DUKE DR | 2025-05 | $365,000 | 1,680 | 44.4% |
| 741 DUKE DR | 2025-05 | $400,000 | 1,680 | 44.6% |
| 629 VASSAR RD | 2026-02 | $320,000 | 1,634 | 54.6% |
| 721 DARTMOUTH DR | 2026-05 | $380,000 | 1,680 | 41.4% |
| 452 COLLEGE BLVD | 2026-04 | $359,900 | 1,582 | 45.4% |
| 1036 SUSSEX AVE | 2026-03 | $380,000 | 1,572 | 44.4% |
| 412 UNIVERSITY BLVD | 2025-07 | $340,695 | 1,560 | 42.0% |
| 414 WESTMINSTER RD | 2025-05 | $350,000 | 1,560 | 45.7% |
| 421 WESTMINSTER RD | 2025-08 | $355,000 | 1,614 | 49.5% |
| 233 MARION AVE | 2025-10 | $340,000 | 1,546 | 43.0% |
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