The Fair Share Report

626 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

≈ $343,026

Likely range $292,142 – $387,929, 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 $343,026 home should be assessed near $217,547.

Step 3 · Assessed value

$134,500

Set at the last town-wide revaluation and mostly frozen since. That's $83,047 below what the ratio math suggests (38.2%).

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

$4,675/yr
Public schools$2,462
Gloucester County$918
Town of Deptford$1,296
Deptford average$6,316

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

Town median 49.3%
This home · 39.2%

29%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
765 CARTERET AVE2026-03$240,00015.3%
884 BOUNDARY RD2026-03$353,0001,27645.2%
884 BOUNDARY RD2025-12$230,0001,27669.3%
124 WOODVALE LN2025-09$325,0001,20841.4%
124 WOODVALE LN2025-06$185,0001,20872.8%
36 LAKEBRIDGE DR2026-04$385,0001,25438.2%
34 LAKEBRIDGE DR2025-05$329,0001,25442.9%
12 NILAND LN2025-03$320,0001,25445.4%
520 WASHINGTON AVE2025-06$390,0001,34448.6%
27 LAKEBRIDGE DR2026-03$270,0001,25453.0%
77 LAKEBRIDGE DR2026-02$385,0001,25438.8%
101 WYCOMBE AVE2025-10$341,0001,14141.9%

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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 →