The Fair Share Report
5 Gilbert Rd
Westampton, NJ 08060
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 $258,739 – $381,274, from 12 comparable Westampton 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 Westampton assessments sit below market value — republished every October, applied town-wide. A $262,213 home should be assessed near $166,059.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $35,741 above what the ratio math suggests (21.5%).
Step 4 · The tax rate — same for every Westampton home
$1.734 Schools · 56% $0.495 County · 16% $0.850 Town · 28%
Step 5 · The bill
This home vs. every recent Westampton sale · assessed ÷ market
41%83%
Paying about right
This home's ratio lands inside Westampton'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 |
|---|---|---|---|---|
| 115 STRATTON DRIVE | 2025-08 | $469,900 | — | 46.3% |
| 610 DOWNING COURT | 2025-09 | $200,000 | 1,308 | 43.8% |
| 702 DOWNING COURT | 2025-07 | $223,000 | 1,308 | 38.5% |
| 609 DOWNING COURT | 2026-01 | $211,000 | 1,252 | 39.0% |
| 101 BRADFORD COURT | 2026-02 | $212,500 | 1,252 | 38.8% |
| 812 CANTERBURY COURT | 2025-03 | $215,000 | 1,252 | 39.8% |
| 606 DOWNING COURT | 2025-01 | $195,000 | 1,252 | 42.3% |
| 72 FIELDCREST DRIVE | 2025-07 | $460,000 | 1,783 | 53.4% |
| 809 WOODLANE ROAD | 2025-01 | $365,000 | 1,536 | 48.9% |
| 507 DOWNING COURT | 2025-05 | $185,000 | 1,078 | 26.9% |
| 1110 LAMBERT DRIVE | 2025-09 | $210,000 | 1,564 | 94.1% |
| 70 TARNSFIELD ROAD | 2026-04 | $485,000 | 1,508 | 42.3% |
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