The Fair Share Report
423 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 $309,283 – $354,671, 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 $325,769 home should be assessed near $206,603.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $60,303 below what the ratio math suggests (29.2%).
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 |
|---|---|---|---|---|
| 640 CORNELL AVE | 2025-06 | $350,000 | 1,451 | 45.1% |
| 183 LINCOLN RD | 2026-03 | $292,000 | 1,471 | 53.2% |
| 32 JONES AVE | 2025-07 | $355,000 | 1,472 | 51.4% |
| 228 SOMERSET RD | 2025-09 | $374,900 | 1,488 | 47.3% |
| 607 VASSAR RD | 2026-05 | $372,000 | 1,403 | 45.5% |
| 638 MIAMI RD | 2026-06 | $299,999 | 1,397 | 50.9% |
| 240 SOMERSET RD | 2025-12 | $335,000 | 1,392 | 45.7% |
| 300 CARNEGIE AVE | 2025-11 | $380,000 | 1,392 | 42.1% |
| 300 CARNEGIE AVE | 2025-08 | $210,000 | 1,392 | 76.2% |
| 1113 CUMBERLAND AVE | 2025-07 | $335,000 | 1,497 | 45.4% |
| 1046 MONMOUTH RD | 2026-02 | $320,000 | 1,404 | 46.2% |
| 233 MARION AVE | 2025-10 | $340,000 | 1,546 | 43.0% |
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