The Fair Share Report

602 Third 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

≈ $152,000

Likely range $124,688 – $193,800, from 12 comparable Deptford sales in the past 18 months, at this home's 665 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 $152,000 home should be assessed near $96,398.

Step 3 · Assessed value

$85,200

Set at the last town-wide revaluation and mostly frozen since. That's $11,198 below what the ratio math suggests (11.6%).

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

$3,120/yr
Public schools$1,643
Gloucester County$612
Town of Deptford$865
Deptford average$6,316

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

Town median 49.3%
This home · 56.1%

36%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
432 OAK AVE2025-11$262,50072236.6%
1923 ROSEMORE AVE2025-09$200,00066459.0%
311 WINDING WAY2026-05$165,00067237.5%
405 WINDING WAY2026-02$97,00067261.0%
509 WINDING WAY2025-03$160,00067239.2%
607 WINDING WAY2025-01$154,90067238.5%
119 IVY LN2025-09$300,00085032.6%
206 WINDING WAY2026-03$156,00072040.5%
308 WINDING WAY2025-11$160,00072040.6%
808 WINDING WAY2025-10$125,00072049.0%
112 WINDING WAY2025-10$115,10172056.5%
406 WINDING WAY2025-05$160,00072038.3%

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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 →