The Fair Share Report

107 Pine Rd

Millville, NJ 08077

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

≈ $199,287

Likely range $153,198 – $206,383, from 12 comparable Millville sales in the past 18 months, at this home's 776 sq ft.

Step 2 · The Director's Ratio

57.44%

The state's official measure of how far Millville assessments sit below market value — republished every October, applied town-wide. A $199,287 home should be assessed near $114,470.

Step 3 · Assessed value

$46,400

Set at the last town-wide revaluation and mostly frozen since. That's $68,070 below what the ratio math suggests (59.5%).

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

$4.053 per $100 assessed

$1.141 Schools · 28% $1.494 County · 37% $1.418 Town · 35%

This home's own bill implies $4.012 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$1,862/yr
Public schools$524
Cumberland County$686
Town of Millville$651
Millville average$5,109

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

Town median 48.2%
This home · 23.3%

17%79%

Keep quiet and enjoy it

This home's assessment ratio sits below the Millville 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)

AddressSoldPriceSq ftRatio
100 S 11TH ST2025-02$224,50076846.1%
607 G ST2026-03$200,00075235.0%
607 MULBERRY ST2025-11$194,90092441.1%
306 COLUMBINE AVE2025-07$155,00076041.9%
104 S PEARL ST2026-05$160,00089049.6%
148 CARMEL RD2025-07$285,00097437.5%
1002 LEONARD DR2025-06$237,50089635.4%
12 PLEASANTVIEW DR2026-04$236,00090836.4%
705 G ST2026-01$137,00072052.1%
926 BARBARA TERR2025-10$269,0001,04238.3%
803 N 7TH ST2025-07$228,00076844.7%
17-19 S 5TH ST2025-04$85,00096888.9%

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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 →