The Fair Share Report

440 Third 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

≈ $416,785

Likely range $345,845 – $489,069, 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 $416,785 home should be assessed near $264,325.

Step 3 · Assessed value

$217,900

Set at the last town-wide revaluation and mostly frozen since. That's $46,425 below what the ratio math suggests (17.6%).

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

$7,730/yr
Public schools$4,070
Gloucester County$1,517
Town of Deptford$2,142
Deptford average$6,316

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

Town median 49.3%
This home · 52.3%

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
141 WINTERBERRY WAY2025-08$357,0002,09761.6%
7 MANCHESTER CT2026-01$525,0002,03849.4%
208 CHANCELLOR DR2026-01$370,0001,99052.2%
101 NATHAN HALE DR2025-09$425,0002,12134.8%
343 JUNEBERRY WAY2025-03$521,7002,17446.5%
521 BOXWOOD LN2025-03$349,0002,03560.9%
449 DOGWOOD DR2025-04$402,0002,08054.6%
301 CASTLEWOOD WAY2026-02$362,0002,20561.2%
121 REVERE DR2025-04$460,0002,06252.8%
112 LANTERN WAY2025-07$540,0002,10048.4%
219 HERITAGE WAY2025-08$425,0002,00154.0%
701 WEATHERBY DR2026-01$506,4862,20449.3%

Is this your house?

Run your own report →

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 →