The Fair Share Report

11 E Foundry St

Millville, 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

≈ $117,850

Likely range $64,999 – $148,524, from 12 comparable Millville sales in the past 18 months (home size estimated from assessor data — range widened).

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 $117,850 home should be assessed near $67,693.

Step 3 · Assessed value

$44,400

Set at the last town-wide revaluation and mostly frozen since. That's $23,293 below what the ratio math suggests (34.4%).

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 $3.965 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$1,760/yr
Public schools$496
Cumberland County$649
Town of Millville$616
Millville average$5,109

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

Town median 48.2%
This home · 37.7%

24%79%

Paying about right

This home's ratio lands inside Millville'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
312 W FOUNDRY ST2026-05$160,00092424.1%
10 E MCNEAL ST2025-02$95,0001,05865.4%
310 SMITH ST2025-09$60,000908107.7%
500 N SHARP ST2025-03$50,0001,020101.2%
515 N 5TH ST2025-10$160,00099437.0%
1019 CHURCH ST2025-06$108,00086836.4%
918 N 4TH ST2025-07$150,0001,02143.7%
418 SASSAFRAS ST2025-04$140,0001,09432.6%
418 SASSAFRAS ST2025-03$85,0001,09453.6%
616 N 4TH ST2025-07$130,0001,07049.4%
208 SMITH ST2025-11$199,0001,05624.4%
805 E MAIN ST2025-08$90,00098472.2%

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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 →