The Fair Share Report
811 Division 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 $191,513 – $220,893, 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 $203,629 home should be assessed near $115,661.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $48,761 below what the ratio math suggests (42.2%).
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
25%71%
Keep quiet and enjoy it
This home's assessment ratio sits below the Gloucester City pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 414 MIDDLESEX ST | 2026-05 | $199,900 | 1,078 | 33.6% |
| 416 MIDDLESEX ST | 2025-07 | $195,000 | 954 | 28.1% |
| 416 MIDDLESEX ST | 2025-01 | $115,000 | 954 | 47.6% |
| 625 HUNTER ST | 2025-08 | $215,000 | 1,208 | 30.7% |
| 513-1/2 MARKET ST | 2025-10 | $225,000 | 1,338 | 35.3% |
| 228 BERGEN ST | 2025-01 | $125,000 | 1,170 | 52.8% |
| 601 HUNTER ST | 2026-03 | $235,000 | 1,164 | 29.5% |
| 229 FILMORE ST | 2025-10 | $196,000 | 1,184 | 33.7% |
| 142 ATLANTIC ST | 2026-05 | $210,000 | 1,144 | 30.7% |
| 704 MARKET ST | 2025-06 | $250,000 | 1,344 | 33.2% |
| 806 POWELL ST | 2025-11 | $180,000 | 1,036 | 33.1% |
| 608 RIDGEWAY ST | 2026-01 | $215,000 | 1,197 | 39.1% |
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