The Fair Share Report

70 Pine St

Mantua, NJ 08080

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

≈ $315,618

Likely range $308,900 – $331,741, from 12 comparable Mantua sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

85.33%

The state's official measure of how far Mantua assessments sit below market value — republished every October, applied town-wide. A $315,618 home should be assessed near $269,317.

Step 3 · Assessed value

$299,300

Set at the last town-wide revaluation and mostly frozen since. That's $29,983 above what the ratio math suggests (11.1%).

Step 4 · The tax rate — same for every Mantua home

$2.516 per $100 assessed

$1.412 Schools · 56% $0.533 County · 21% $0.570 Town · 23%

Step 5 · The bill

$7,821/yr
Public schools$4,391
Gloucester County$1,657
Town of Mantua$1,772
Mantua average$7,870

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

Town median 76.6%
This home · 94.8%

61%104%

A touch high — worth watching

This home's ratio sits above most of Mantua, but doesn't clear NJ's legal appeal line (98.13%).

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
137 PENDRAGON WAY2026-04$320,0001,48081.4%
310 PELLINORE CT2025-08$302,0001,48073.3%
215 BALIN CT2025-03$267,0001,48077.2%
400 ACCOLON CT2025-02$255,0001,48081.1%
227 BALIN CT2025-02$260,0001,48095.0%
1011 CRESTMONT DR2026-02$264,90072.7%
18 WOODBROOK DR2026-05$280,0001,36074.3%
41 WOODBROOK DR2026-03$287,9001,36073.0%
36 WOODBROOK DR2025-07$292,0001,36064.6%
9 WOODBROOK DR2025-02$285,0001,36074.3%
99 FOREST CT2025-09$275,0001,36068.5%
83 FOREST CT2025-04$275,0001,36075.2%

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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 →