The Fair Share Report

617 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

≈ $376,582

Likely range $349,785 – $416,864, from 12 comparable Deptford sales in the past 18 months, at this home's 1,700 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 $376,582 home should be assessed near $238,828.

Step 3 · Assessed value

$200,900

Set at the last town-wide revaluation and mostly frozen since. That's $37,928 below what the ratio math suggests (15.9%).

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

$7,357/yr
Public schools$3,874
Gloucester County$1,444
Town of Deptford$2,039
Deptford average$6,316

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

Town median 49.3%
This home · 53.3%

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
161 TRELLIS LN2025-07$440,0001,70253.1%
162 LIBERTY WAY2025-12$325,0001,68062.4%
132 LIBERTY WAY2025-08$380,0001,68053.8%
145 CHANCELLOR DR2026-04$350,0001,73953.7%
192 CHANCELLOR DR2025-03$375,0001,73950.0%
193 HERITAGE WAY2025-07$452,0001,62345.8%
1942 SOUTH SIDE AVE2025-05$375,0001,63354.0%
8 TETHER CIR2025-07$435,5001,77630.3%
131 TRELLIS LN2025-07$475,0001,59147.4%
631 SWEETGUM LN2025-07$341,0001,75656.5%
171 RITTENHOUSE DR2026-01$375,0001,73952.0%
114 CARRIAGE WAY2026-04$349,9001,66043.5%

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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 →