The Fair Share Report

618 Second 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

≈ $402,604

Likely range $363,321 – $448,646, 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 $402,604 home should be assessed near $255,331.

Step 3 · Assessed value

$180,400

Set at the last town-wide revaluation and mostly frozen since. That's $74,931 below what the ratio math suggests (29.3%).

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

$6,606/yr
Public schools$3,479
Gloucester County$1,297
Town of Deptford$1,831
Deptford average$6,316

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

Town median 49.3%
This home · 44.8%

35%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
1942 SOUTH SIDE AVE2025-05$375,0001,63354.0%
132 LIBERTY WAY2025-08$380,0001,68053.8%
162 LIBERTY WAY2025-12$325,0001,68062.4%
131 TRELLIS LN2025-07$475,0001,59147.4%
8 TETHER CIR2025-07$435,5001,77630.3%
100 CARIBOU CT2025-09$370,0001,53254.1%
10 CARTER DR2026-05$335,0001,51254.8%
193 HERITAGE WAY2025-07$452,0001,62345.8%
38 PINECREST DR2026-06$399,0001,51043.3%
38 PINECREST DR2026-02$260,0001,51066.5%
95 KNOLLWOOD DR2025-07$315,0001,51054.6%
102 WILD FLOWER CT2025-08$475,0001,50846.6%

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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 →