The Fair Share Report

110 B St

Middlesex, NJ 08846

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

≈ $618,187

Likely range $522,480 – $697,377, from 12 comparable Middlesex sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

97.52%

The state's official measure of how far Middlesex assessments sit below market value — republished every October, applied town-wide. A $618,187 home should be assessed near $602,856.

Step 3 · Assessed value

$579,900

Set at the last town-wide revaluation and mostly frozen since. That's $22,956 below what the ratio math suggests (3.8%).

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

$2.119 per $100 assessed

$1.137 Schools · 54% $0.340 County · 16% $0.643 Town · 30%

This home's own bill implies $1.959 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$11,361/yr
Public schools$6,093
Middlesex County$1,822
Town of Middlesex$3,446
Middlesex average$10,237

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

Town median 97.6%
This home · 93.8%

77%122%

Paying about right

This home's ratio lands inside Middlesex'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
112 COLEMAN ST2025-03$515,0001,994100.0%
138 RUNYON AVE2026-02$521,5001,76898.9%
119 VOGEL PL2026-05$770,0001,90877.1%
313 F ST2025-05$700,0001,92085.9%
7 WEISS DR2026-02$660,0002,01675.6%
167 BARBARA PL2026-06$760,0002,10879.5%
5 KALMAN CT2025-06$655,0001,90490.1%
38 WARRENVILLE RD2026-02$575,0001,836100.8%
284 HARRIS AVE2025-01$555,0001,704102.3%
110 BENART PL2026-05$540,0001,904101.8%
115 STOUT AVE2025-02$576,9001,54091.0%
52 GREENBROOK RD2026-03$571,7001,872102.6%

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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 →