The Fair Share Report

736 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.

Step 1 · Market value

≈ $212,414

Likely range $140,000 – $230,765, from 12 comparable Gloucester City sales in the past 18 months, at this home's 1,232 sq ft.

Step 2 · The Director's Ratio

56.80%

The state's official measure of how far Gloucester City assessments sit below market value — republished every October, applied town-wide. A $212,414 home should be assessed near $120,651.

Step 3 · Assessed value

$82,600

Set at the last town-wide revaluation and mostly frozen since. That's $38,051 below what the ratio math suggests (31.5%).

Step 4 · The tax rate — same for every Gloucester City home

$5.292 per $100 assessed

$1.323 Schools · 25% $0.921 County · 17% $3.048 Town · 58%

Step 5 · The bill

$4,372/yr
Public schools$1,093
Camden County$761
Town of Gloucester City$2,518
Gloucester City average$5,850

This home vs. every recent Gloucester City sale · assessed ÷ market

Town median 44.4%
This home · 38.9%

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)

AddressSoldPriceSq ftRatio
732 HUNTER ST2025-07$245,7501,31234.5%
813 CUMBERLAND ST2025-05$230,0001,23055.5%
508 BERGEN ST2025-12$260,0001,22232.3%
625 HUNTER ST2025-08$215,0001,20830.7%
508 ESSEX ST2026-05$230,0001,20028.7%
720 POWELL ST2025-03$120,0001,45572.7%
30 RAILROAD AVE2025-12$190,0001,10228.5%
234 FOURTH ST2025-04$205,0001,24048.3%
712 MARKET ST2025-08$255,0001,53643.0%
500 ESSEX ST2026-01$212,9001,28838.0%
846 CUMBERLAND ST2025-10$155,0001,40856.3%
846 CUMBERLAND ST2025-06$137,5001,40863.5%

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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 →