The Fair Share Report

439 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

≈ $348,339

Likely range $305,851 – $359,575, 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 $348,339 home should be assessed near $220,917.

Step 3 · Assessed value

$158,400

Set at the last town-wide revaluation and mostly frozen since. That's $62,517 below what the ratio math suggests (28.3%).

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

$5,801/yr
Public schools$3,055
Gloucester County$1,139
Town of Deptford$1,607
Deptford average$6,316

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

Town median 49.3%
This home · 45.5%

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
168 PETERSON BLVD2025-03$337,5001,60850.5%
421 WESTMINSTER RD2025-08$355,0001,61449.5%
500 UNIVERSITY BLVD2025-08$283,0001,57154.8%
441 BUCKNELL AVE2026-01$305,0001,56051.2%
316 LYCOMING AVE2025-02$347,0001,56048.3%
452 COLLEGE BLVD2026-04$359,9001,58245.4%
111 COVE RD2026-01$325,4001,55451.3%
1036 SUSSEX AVE2026-03$380,0001,57244.4%
366 VILLANOVA AVE2025-08$315,0001,51555.8%
412 UNIVERSITY BLVD2025-07$340,6951,56042.0%
414 WESTMINSTER RD2025-05$350,0001,56045.7%
53 ANDY SNYDER BLVD2025-09$293,0001,61551.2%

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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 →