The Fair Share Report

516 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

≈ $410,732

Likely range $290,660 – $430,314, 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 $410,732 home should be assessed near $260,486.

Step 3 · Assessed value

$220,100

Set at the last town-wide revaluation and mostly frozen since. That's $40,386 below what the ratio math suggests (15.5%).

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

$8,060/yr
Public schools$4,244
Gloucester County$1,582
Town of Deptford$2,234
Deptford average$6,316

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

Town median 49.3%
This home · 53.6%

36%81%

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
435 ARLINE AVE2025-08$282,6001,92864.7%
105 HAMPSHIRE DR2025-10$320,0002,04863.4%
207 HAMPSHIRE DR2025-03$440,0002,08050.0%
302 KIRKLAND DR2026-06$480,0002,09846.9%
1174 BENNETT DR2025-09$410,0001,91051.1%
340 ARLINE AVE2025-12$435,0001,80044.0%
24 STURBRIDGE AVE2025-11$460,0002,18246.4%
855 MAIL AVE2025-10$403,0002,04354.5%
1031 BYRD DR2025-12$380,0001,83047.0%
8 LAUREL CT2025-12$265,0001,75249.7%
5 LAUREL CT2025-07$270,0001,75251.2%
638 MALCOLM AVE2025-08$397,5001,84055.9%

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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 →