The Fair Share Report

910 Hudson 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

≈ $268,386

Likely range $195,285 – $297,249, 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

56.80%

The state's official measure of how far Gloucester City assessments sit below market value — republished every October, applied town-wide. A $268,386 home should be assessed near $152,443.

Step 3 · Assessed value

$113,200

Set at the last town-wide revaluation and mostly frozen since. That's $39,243 below what the ratio math suggests (25.7%).

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

$5,992/yr
Public schools$1,498
Camden County$1,043
Town of Gloucester City$3,451
Gloucester City average$5,850

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

Town median 44.4%
This home · 42.2%

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
900 MONMOUTH ST2025-11$175,0001,57161.1%
406 SOMERSET ST2025-09$235,1501,63743.1%
821 HUDSON ST2025-05$285,0001,54860.6%
911 GAUNT ST2025-06$275,0001,48242.5%
3 S HARLEY AVE2026-03$225,0001,60847.6%
935 SOMERSET ST2025-09$246,0001,31038.9%
115 BROWN ST2025-04$185,0001,44264.3%
803 MORRIS ST2025-10$232,0001,27646.7%
81 N LANE AVE2025-05$290,0001,57040.4%
308 MARKET ST2025-09$255,0001,59132.4%
15 KOEHLER ST2026-03$165,0001,44052.9%
20 THOMPSON AVE2025-06$290,0001,70434.6%

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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 →