The Fair Share Report

89 Briar Patch Ln

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

≈ $622,379

Likely range $566,962 – $647,929, from 12 comparable Mantua sales in the past 18 months, at this home's 2,606 sq ft.

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 $622,379 home should be assessed near $531,076.

Step 3 · Assessed value

$469,200

Set at the last town-wide revaluation and mostly frozen since. That's $61,876 below what the ratio math suggests (11.7%).

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

$12,260/yr
Public schools$6,883
Gloucester County$2,598
Town of Mantua$2,779
Mantua average$7,870

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

Town median 76.6%
This home · 75.4%

61%104%

Paying about right

This home's ratio lands inside Mantua'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
1011 CRESTMONT DR2026-02$264,90072.7%
37 E CRIMSON CT2025-11$630,0002,71379.0%
48 FOREST CT2026-02$265,00077.5%
912 GRAY FOX CIR2026-05$635,0002,55476.2%
74 THORNWOOD LN2025-09$675,0002,76074.2%
626 OLYMPIA ST2025-02$565,0002,84785.3%
18 DEERFIELD CIR2025-05$560,0002,57478.3%
10 COLOSSEUM DR2025-05$545,0002,28282.4%
142 BROUGHAM AVE2026-04$700,0002,78777.7%
3 HOLLYBROOK CT2025-08$570,0002,94481.8%
109 RABBIT RUN RD2025-08$615,0003,00479.2%
185 CARRIAGE HILL CIR2025-07$600,0002,37376.8%

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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 →