The Fair Share Report
618 Hunter St
Gloucester, NJ 08030
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $237,593 – $320,383, from 12 comparable Gloucester City sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Gloucester City assessments sit below market value — republished every October, applied town-wide. A $254,792 home should be assessed near $144,722.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $11,122 below what the ratio math suggests (7.7%).
Step 4 · The tax rate — same for every Gloucester City home
$1.323 Schools · 25% $0.921 County · 17% $3.048 Town · 58%
Step 5 · The bill
This home vs. every recent Gloucester City sale · assessed ÷ market
26%71%
Paying about right
This home's ratio lands inside Gloucester City's normal band. The drift hasn't singled it out — no case for a tax appeal.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 831 POWELL ST | 2025-01 | $260,000 | 1,944 | 64.9% |
| 1100 STATION AVE | 2025-01 | $390,000 | 2,007 | 45.4% |
| 14 SPRINGDALE DRIVE | 2025-09 | $460,000 | 2,196 | 38.3% |
| 206 WESTON AVE | 2025-08 | $375,000 | 1,860 | 46.7% |
| 350 NINTH ST | 2025-12 | $309,000 | 1,860 | 48.5% |
| 20 THOMPSON AVE | 2025-06 | $290,000 | 1,704 | 34.6% |
| 724 HUNTER ST | 2025-01 | $185,000 | 1,726 | 58.8% |
| 130 SPARKS AVE | 2025-08 | $275,000 | 1,946 | 44.3% |
| 223 HUDSON ST | 2025-10 | $259,900 | 1,920 | 29.8% |
| 3 S HARLEY AVE | 2026-03 | $225,000 | 1,608 | 47.6% |
| 1 E THOMPSON AVE | 2026-01 | $244,000 | 1,792 | 58.0% |
| 844 CUMBERLAND ST | 2025-06 | $310,000 | 2,080 | 36.9% |
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