The Fair Share Report

110 Runyon Ave

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

≈ $473,849

Likely range $386,083 – $561,762, 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 $473,849 home should be assessed near $462,098.

Step 3 · Assessed value

$460,200

Set at the last town-wide revaluation and mostly frozen since. That's $1,898 below what the ratio math suggests (0.4%).

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 $1.909 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$8,783/yr
Public schools$4,711
Middlesex County$1,409
Town of Middlesex$2,664
Middlesex average$10,237

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

Town median 97.6%
This home · 97.1%

76%125%

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
115 STOUT AVE2025-02$576,9001,54091.0%
143 PARKER ST2026-01$350,0001,317139.4%
303 ASHLAND RD2026-03$565,0001,37691.8%
413 HARRIS AVE2025-02$429,0001,42897.9%
450 DORN AVE2025-04$541,5001,37198.9%
326 MELROSE AVE2026-06$420,0001,428109.3%
13 PARK PL2025-02$505,0001,43081.8%
230 OAK DR2025-03$360,0001,144116.3%
122 OSCEOLA AVE2025-06$585,0001,45698.2%
720 VOORHEES AVE2025-03$460,0001,11394.6%
13 ORCHARD RD2025-04$400,0001,449121.3%
316 SENECA AVE2025-01$399,0001,675144.1%

Is this your house?

Run your own report →

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 →