The Fair Share Report
55 Sofia Dr
Gloucester, NJ 08873
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 $521,571 – $593,839, from 12 comparable Gloucester sales in the past 18 months, at this home's 2,889 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Gloucester assessments sit below market value — republished every October, applied town-wide. A $537,418 home should be assessed near $306,060.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $8,640 above what the ratio math suggests (2.8%).
Step 4 · The tax rate — same for every Gloucester home
$1.890 Schools · 45% $0.949 County · 23% $1.339 Town · 32%
Step 5 · The bill
This home vs. every recent Gloucester sale · assessed ÷ market
35%74%
Paying about right
This home's ratio lands inside Gloucester'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 |
|---|---|---|---|---|
| 38 SOFIA DRIVE | 2026-04 | $605,000 | 2,877 | 48.3% |
| 27 SOFIA DRIVE | 2025-04 | $600,000 | 2,880 | 49.5% |
| 36 WHITALL DRIVE | 2025-05 | $538,000 | 2,980 | 57.1% |
| 4 ATHERTON COURT | 2025-10 | $543,500 | 2,981 | 50.3% |
| 2 ROSEBUSH COURT | 2025-09 | $535,000 | 2,876 | 54.5% |
| 35 JONQUIL WAY | 2026-02 | $500,000 | 2,956 | 56.8% |
| 75 JONQUIL WAY | 2025-07 | $551,000 | 2,818 | 42.8% |
| 4 LEXINGTON PARK ROAD | 2026-01 | $585,000 | 2,846 | 48.1% |
| 115 BRADLEY COURT | 2026-04 | $525,000 | 2,716 | 48.4% |
| 115 BRADLEY COURT | 2025-11 | $330,000 | 2,716 | 77.0% |
| 7 CATTELL DRIVE | 2025-06 | $524,700 | 2,874 | 54.1% |
| 27 WOOD THRUSH AVENUE | 2025-03 | $573,000 | 2,740 | 45.3% |
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