The Fair Share Report
118 Pine St
Millville, NJ 08077
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 $134,999 – $231,726, from 12 comparable Millville sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Millville assessments sit below market value — republished every October, applied town-wide. A $155,973 home should be assessed near $89,591.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $65,109 above what the ratio math suggests (72.7%).
Step 4 · The tax rate — same for every Millville home
$1.141 Schools · 28% $1.494 County · 37% $1.418 Town · 35%
Step 5 · The bill
This home vs. every recent Millville sale · assessed ÷ market
31%120%
Looks meaningfully over-assessed
Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (66.06%) — roughly $2,639/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 517 N 2ND ST | 2025-05 | $315,000 | — | 31.8% |
| 528 W MAIN ST | 2025-12 | $308,000 | 1,818 | 56.4% |
| 627-629 N 2ND ST | 2025-04 | $215,000 | 1,768 | 39.9% |
| 207 S 4TH ST | 2025-06 | $126,000 | 1,720 | 58.0% |
| 524 PINE ST | 2026-01 | $137,000 | 1,810 | 50.4% |
| 701 N 4TH ST | 2025-10 | $193,000 | 1,690 | 34.5% |
| 308 S 3RD ST | 2025-09 | $160,665 | 1,784 | 39.1% |
| 15 BRANDRIFF AVE | 2026-01 | $137,000 | 1,668 | 47.1% |
| 315 N 3RD ST | 2025-01 | $125,000 | 1,627 | 50.8% |
| 102 W MAIN ST | 2025-08 | $120,000 | 1,698 | 53.5% |
| 306 W MAIN ST | 2025-05 | $115,000 | 1,630 | 54.2% |
| 310-312 S 4TH ST | 2026-01 | $209,100 | 1,796 | 48.0% |
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