The Fair Share Report
516 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $228,995 – $344,199, from 12 comparable Deptford sales in the past 18 months, at this home's 1,246 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Deptford assessments sit below market value — republished every October, applied town-wide. A $304,862 home should be assessed near $193,343.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $60,543 below what the ratio math suggests (31.3%).
Step 4 · The tax rate — same for every Deptford home
$1.811 Schools · 53% $0.675 County · 20% $0.953 Town · 28%
Step 5 · The bill
This home vs. every recent Deptford sale · assessed ÷ market
33%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 765 CARTERET AVE | 2026-03 | $240,000 | — | 15.3% |
| 47 JONES AVE | 2025-12 | $345,000 | 1,340 | 54.5% |
| 707 HOWARD AVE | 2025-09 | $330,000 | 1,122 | 51.1% |
| 1421 COOPER ST | 2025-03 | $145,000 | 1,117 | 90.3% |
| 148 LINCOLN RD | 2026-03 | $350,000 | 1,267 | 45.9% |
| 148 LINCOLN RD | 2025-11 | $210,000 | 1,267 | 76.4% |
| 1054 MAIL AVE | 2026-06 | $190,000 | 1,200 | 55.6% |
| 787 TACOMA BLVD | 2026-01 | $260,000 | 1,198 | 53.2% |
| 125 IVY LN | 2025-08 | $255,000 | 1,164 | 49.6% |
| 1412 GLASSBORO RD | 2025-07 | $310,000 | 1,267 | 48.6% |
| 1037 MONMOUTH RD | 2026-04 | $245,000 | 1,248 | 49.6% |
| 1304 CLEARBROOK AVE | 2026-05 | $238,000 | 1,295 | 53.7% |
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