The Fair Share Report

60 Pine St

Mantua, NJ 08080

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

≈ $577,517

Likely range $522,384 – $632,518, from 12 comparable Mantua sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

85.33%

The state's official measure of how far Mantua assessments sit below market value — republished every October, applied town-wide. A $577,517 home should be assessed near $492,795.

Step 3 · Assessed value

$432,700

Set at the last town-wide revaluation and mostly frozen since. That's $60,095 below what the ratio math suggests (12.2%).

Step 4 · The tax rate — same for every Mantua home

$2.516 per $100 assessed

$1.412 Schools · 56% $0.533 County · 21% $0.570 Town · 23%

Step 5 · The bill

$11,306/yr
Public schools$6,348
Gloucester County$2,396
Town of Mantua$2,562
Mantua average$7,870

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

Town median 76.6%
This home · 74.9%

61%104%

Paying about right

This home's ratio lands inside Mantua's normal band. The drift hasn't singled it out — no case for a tax appeal.

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

AddressSoldPriceSq ftRatio
1011 CRESTMONT DR2026-02$264,90072.7%
100 TYLERS LAKE RD2025-05$605,0002,08579.7%
48 FOREST CT2026-02$265,00077.5%
132 WILSON AVE2025-11$605,5002,27270.3%
595 BREAKNECK RD2025-04$755,0002,30167.6%
22 HART LN2025-12$542,5001,88572.1%
1363 TRISTRAM CIR2026-02$217,00072.6%
679 JACKSON RD2025-11$450,0002,48687.8%
644 SURREY RD2026-05$609,0002,18370.2%
39 SPRING HILL RD2025-03$680,0002,40269.9%
185 CARRIAGE HILL CIR2025-07$600,0002,37376.8%
137 PENDRAGON WAY2026-04$320,0001,48081.4%

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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 →