The Fair Share Report
112 Millbrook Rd
Hardwick, NJ 07825
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $655,059 – $830,438, from 12 comparable Hardwick sales in the past 18 months, at this home's 3,283 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Hardwick assessments sit below market value — republished every October, applied town-wide. A $778,577 home should be assessed near $412,412.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $181,112 below what the ratio math suggests (43.9%).
Step 4 · The tax rate — same for every Hardwick home
$2.227 Schools · 58% $0.965 County · 25% $0.633 Town · 17%
Step 5 · The bill
This home vs. every recent Hardwick sale · assessed ÷ market
22%66%
Keep quiet and enjoy it
This home's assessment ratio sits below the Hardwick 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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 122 MILLBROOK ROAD | 2026-04 | $720,000 | 3,036 | 52.4% |
| 2 TARA COURT | 2025-06 | $710,000 | 2,839 | 52.1% |
| 211 MILLBROOK ROAD | 2025-11 | $680,000 | 3,408 | 49.7% |
| 39 STILLWATER ROAD | 2025-12 | $475,000 | 2,888 | 41.7% |
| 47 WARD ROAD | 2026-04 | $699,000 | 2,792 | 44.9% |
| 82 STILLWATER ROAD | 2025-06 | $600,000 | 2,372 | 48.0% |
| 37 JONES LANE | 2026-06 | $465,000 | 2,099 | 44.6% |
| 3 SPRING VALLEY ROAD | 2025-07 | $555,000 | 2,153 | 50.3% |
| 27 STILLWATER ROAD | 2025-06 | $478,000 | 2,508 | 42.4% |
| 82 SPRING VALLEY ROAD | 2025-12 | $531,000 | 1,782 | 43.3% |
| 5 OLD ORCHARD ROAD | 2025-07 | $387,500 | 1,655 | 50.4% |
| 5 WARD ROAD | 2025-12 | $430,000 | 2,355 | 39.2% |
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