The Fair Share Report
49 Harvard Ave
Gloucester, NJ 08030
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 $219,025 – $321,138, from 12 comparable Gloucester City sales in the past 18 months, at this home's 1,348 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Gloucester City assessments sit below market value — republished every October, applied town-wide. A $250,744 home should be assessed near $142,423.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $31,977 above what the ratio math suggests (22.5%).
Step 4 · The tax rate — same for every Gloucester City home
$1.323 Schools · 25% $0.921 County · 17% $3.048 Town · 58%
Step 5 · The bill
This home vs. every recent Gloucester City sale · assessed ÷ market
26%85%
A touch high — worth watching
This home's ratio sits above most of Gloucester City, but doesn't clear NJ's legal appeal line (65.32%).
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 110 MIDDLESEX ST | 2025-02 | $245,000 | 1,728 | 44.2% |
| 10 PARK AVE | 2025-02 | $305,000 | 1,218 | 44.1% |
| 704 MARKET ST | 2025-06 | $250,000 | 1,344 | 33.2% |
| 173 S BURLINGTON ST | 2025-02 | $220,000 | 1,354 | 30.3% |
| 513-1/2 MARKET ST | 2025-10 | $225,000 | 1,338 | 35.3% |
| 29 N BROWN ST | 2025-08 | $240,000 | 1,332 | 41.5% |
| 9 STITES AVE | 2025-06 | $430,000 | 1,667 | 44.5% |
| 528 PAUL ST | 2025-12 | $150,000 | 1,320 | 49.7% |
| 528 PAUL ST | 2025-07 | $110,000 | 1,320 | 67.8% |
| 15 N LANE AVE | 2025-01 | $329,000 | 1,381 | 37.1% |
| 732 HUNTER ST | 2025-07 | $245,750 | 1,312 | 34.5% |
| 935 SOMERSET ST | 2025-09 | $246,000 | 1,310 | 38.9% |
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