The Fair Share Report

522 First 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

≈ $306,475

Likely range $278,198 – $347,477, 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 $306,475 home should be assessed near $194,366.

Step 3 · Assessed value

$122,200

Set at the last town-wide revaluation and mostly frozen since. That's $72,166 below what the ratio math suggests (37.1%).

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

$4,475/yr
Public schools$2,357
Gloucester County$878
Town of Deptford$1,240
Deptford average$6,316

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

Town median 49.3%
This home · 39.9%

30%78%

Keep quiet and enjoy it

This home's assessment ratio sits below the Deptford pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
434 SUMMIT AVE2025-11$350,0001,23252.7%
35 PINECREST DR2025-10$295,0001,25449.6%
31 PINECREST DR2025-09$382,4501,25437.6%
27 LAKEBRIDGE DR2026-03$270,0001,25453.0%
77 LAKEBRIDGE DR2026-02$385,0001,25438.8%
144 LAKEBRIDGE DR2025-09$295,0001,25448.6%
36 LAKEBRIDGE DR2026-04$385,0001,25438.2%
34 LAKEBRIDGE DR2025-05$329,0001,25442.9%
12 NILAND LN2025-03$320,0001,25445.4%
49 LAKEBRIDGE DR2026-05$315,0001,25445.2%
105 LAKEBRIDGE DR2026-04$305,0001,25446.8%
124 WOODVALE LN2025-09$325,0001,20841.4%

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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 →