The Fair Share Report

609 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

≈ $445,101

Likely range $377,399 – $516,171, 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 $445,101 home should be assessed near $282,283.

Step 3 · Assessed value

$244,400

Set at the last town-wide revaluation and mostly frozen since. That's $37,883 below what the ratio math suggests (13.4%).

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

$8,950/yr
Public schools$4,713
Gloucester County$1,757
Town of Deptford$2,480
Deptford average$6,316

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

Town median 49.3%
This home · 54.9%

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
5 DAISY CT2025-03$575,0002,39949.3%
101 BEACON DR2025-07$450,0002,38839.0%
134 RITTENHOUSE DR2025-08$465,0002,38839.7%
208 IRONWOOD DR2026-05$390,0002,45060.0%
145 VALLEY FORGE WAY2026-06$385,0002,37241.6%
622 SWEETGUM LN2025-12$422,5002,43657.0%
727 WEATHERBY DR2025-07$475,5002,25753.3%
761 VALLEY GREEN AVE2025-07$501,0002,34247.5%
1 TULIP CT2026-06$528,0002,35443.8%
359 JUNEBERRY WAY2025-04$465,0002,43956.7%
300 CASTLEWOOD WAY2025-09$310,0002,22370.7%
128 PENNSBURY LN2026-04$410,0002,24838.0%

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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 →