The Fair Share Report
59 Erial Rd
Gloucester, NJ 08205
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 $345,361 – $426,193, from 12 comparable Gloucester sales in the past 18 months, at this home's 1,956 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 $384,367 home should be assessed near $218,897.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $37,397 below what the ratio math suggests (17.1%).
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 |
|---|---|---|---|---|
| 13 ALBERT ROAD | 2025-12 | $330,000 | 1,869 | 66.8% |
| 157 KELLY DRIVER ROAD | 2025-07 | $345,000 | 2,068 | 46.0% |
| 713 LINDA AVENUE | 2025-12 | $360,000 | 1,832 | 52.3% |
| 30 BULL RUN ROAD | 2024-12 | $435,000 | 2,054 | 48.5% |
| 30 MILLBRIDGE ROAD | 2025-06 | $440,000 | 2,002 | 49.8% |
| 28 ROOSEVELT DRIVE | 2025-01 | $375,000 | 2,013 | 70.4% |
| 14 MILL COURT | 2025-11 | $395,000 | 1,937 | 53.8% |
| 27 RANDY ROAD | 2026-04 | $450,000 | 1,756 | 49.6% |
| 20 SPRING HOLLOW DRIVE | 2025-07 | $359,900 | 1,936 | 63.4% |
| 6 LINDEN COURT | 2025-06 | $375,250 | 2,063 | 53.2% |
| 11 ANTIETAM DRIVE | 2025-01 | $415,000 | 1,836 | 50.6% |
| 152 KELLY DRIVER ROAD | 2026-06 | $250,000 | 2,084 | 86.2% |
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