The Fair Share Report
558 Beverly Dr
Gloucester, NJ 08048
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 $332,166 – $421,644, from 12 comparable Gloucester 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 Gloucester assessments sit below market value — republished every October, applied town-wide. A $356,012 home should be assessed near $202,749.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $20,449 below what the ratio math suggests (10.1%).
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 |
|---|---|---|---|---|
| 173 TILFORD ROAD | 2025-11 | $435,000 | 1,550 | 47.8% |
| 34 RANDY ROAD | 2025-10 | $375,000 | 1,509 | 56.0% |
| 35 LILLIAN PLACE | 2025-07 | $395,000 | 1,509 | 49.0% |
| 548 BEVERLY DRIVE | 2025-03 | $400,000 | 1,477 | 47.1% |
| 1008 SAN JOSE DRIVE | 2025-10 | $335,000 | 1,546 | 54.0% |
| 253 W CENTRAL AVENUE | 2025-12 | $405,000 | 1,580 | 48.3% |
| 253 W CENTRAL AVENUE | 2025-04 | $235,000 | 1,580 | 83.2% |
| 2303 FERNWOOD DRIVE | 2025-04 | $420,000 | 1,611 | 53.0% |
| 200 CRESTVIEW AVENUE | 2025-08 | $349,000 | 1,560 | 52.2% |
| 519 PASADENA DRIVE | 2025-06 | $385,000 | 1,700 | 50.5% |
| 920 STEPHEN ROAD | 2026-01 | $350,000 | 1,678 | 50.5% |
| 522 CLOVERDALE ROAD | 2025-07 | $355,000 | 1,600 | 54.5% |
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