The Fair Share Report

607 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

≈ $476,248

Likely range $417,134 – $584,285, from 12 comparable Deptford sales in the past 18 months (home size estimated from assessor data — range widened).

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 $476,248 home should be assessed near $302,036.

Step 3 · Assessed value

$258,800

Set at the last town-wide revaluation and mostly frozen since. That's $43,236 below what the ratio math suggests (14.3%).

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

$9,477/yr
Public schools$4,991
Gloucester County$1,860
Town of Deptford$2,626
Deptford average$6,316

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

Town median 49.3%
This home · 54.3%

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
711 BEECHWOOD DR2025-09$554,9002,36155.3%
613 SWEETGUM LN2025-03$409,0002,45860.6%
100 WINTERBERRY WAY2025-08$425,0002,53362.3%
359 JUNEBERRY WAY2025-04$465,0002,43956.7%
622 SWEETGUM LN2025-12$422,5002,43657.0%
208 IRONWOOD DR2026-05$390,0002,45060.0%
727 WEATHERBY DR2025-07$475,5002,25753.3%
5 DAISY CT2025-03$575,0002,39949.3%
314 DOGWOOD DR2025-12$389,0002,28057.5%
132 BETSY ROSS WAY2026-03$580,0002,53150.9%
101 BEACON DR2025-07$450,0002,38839.0%
134 RITTENHOUSE DR2025-08$465,0002,38839.7%

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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 →