The Fair Share Report

1104 Cedar St

Millville, NJ 08321

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

≈ $181,754

Likely range $87,044 – $209,089, 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 $181,754 home should be assessed near $104,399.

Step 3 · Assessed value

$118,000

Set at the last town-wide revaluation and mostly frozen since. That's $13,601 above what the ratio math suggests (13.0%).

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%

Step 5 · The bill

$4,786/yr
Public schools$1,347
Cumberland County$1,764
Town of Millville$1,674
Millville average$5,109

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

Town median 48.2%
This home · 64.9%

31%141%

A touch high — worth watching

This home's ratio sits above most of Millville, but doesn't clear NJ's legal appeal line (66.06%).

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
119 W MCNEAL ST2025-09$105,0501,28855.0%
2023 NEWCOMBTOWN RD2025-07$160,0001,14088.2%
110 MIDDLE AVE2025-06$40,0001,139153.5%
2306 W MAIN ST2025-10$230,0001,46253.8%
1717 NEWCOMBTOWN RD2026-05$300,0001,40253.6%
306 W MAIN ST2025-05$115,0001,63054.2%
2216 S 2ND ST2026-02$250,0001,66042.8%
829 CARMEL RD2026-01$180,00099449.1%
1906 E MAIN ST2025-11$249,9001,26748.0%
464 S 3RD ST2025-09$177,5001,30658.7%
15 BRANDRIFF AVE2026-01$137,0001,66847.1%
309 S 2ND ST2025-11$190,0001,40638.6%

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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 →