The Fair Share Report

602 Second 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

≈ $301,556

Likely range $233,591 – $329,266, from 12 comparable Deptford sales in the past 18 months, at this home's 1,312 sq ft.

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 $301,556 home should be assessed near $191,247.

Step 3 · Assessed value

$129,600

Set at the last town-wide revaluation and mostly frozen since. That's $61,647 below what the ratio math suggests (32.2%).

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

$4,746/yr
Public schools$2,499
Gloucester County$932
Town of Deptford$1,315
Deptford average$6,316

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

Town median 49.3%
This home · 43.0%

34%78%

Paying about right

This home's ratio lands inside Deptford'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
47 JONES AVE2025-12$345,0001,34054.5%
1304 CLEARBROOK AVE2026-05$238,0001,29553.7%
1507 CLEARBROOK AVE2026-02$325,0001,29545.5%
1152 MANTUA PK2025-07$274,4861,29843.4%
1152 MANTUA PK2025-04$177,5001,29867.2%
707 HOWARD AVE2025-09$330,0001,12251.1%
34 ANDY SNYDER BLVD2026-06$325,0001,41442.9%
459 UNIVERSITY BLVD2025-05$360,0001,27839.4%
1412 GLASSBORO RD2025-07$310,0001,26748.6%
1421 COOPER ST2025-03$145,0001,11790.3%
1054 MAIL AVE2026-06$190,0001,20055.6%
787 TACOMA BLVD2026-01$260,0001,19853.2%

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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 →