The Fair Share Report

124 Sixth 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

≈ $571,285

Likely range $482,840 – $623,320, 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 $571,285 home should be assessed near $557,117.

Step 3 · Assessed value

$517,700

Set at the last town-wide revaluation and mostly frozen since. That's $39,417 below what the ratio math suggests (7.1%).

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%

Step 5 · The bill

$10,893/yr
Public schools$5,842
Middlesex County$1,747
Town of Middlesex$3,304
Middlesex average$10,237

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

Town median 97.6%
This home · 90.6%

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
552 LORRAINE AVE2025-03$460,0001,72898.9%
217-219 SECOND ST2026-04$460,0001,768117.6%
14 JUNE WAY2026-04$692,0001,78083.5%
437 FAIRVIEW AVE2025-04$525,0001,61299.1%
115 HOWARD AVE2025-04$600,0001,71298.5%
509 CLINTON AVE2025-01$550,0001,93297.8%
52 GREENBROOK RD2026-03$571,7001,872102.6%
110 BENART PL2026-05$540,0001,904101.8%
506 MELROSE AVE2026-02$562,5001,568101.7%
408 FAIRVIEW AVE2026-02$600,0001,72088.1%
57 GREENBROOK RD2026-03$575,0001,73294.3%
440 FAIRVIEW AVE2025-02$475,0001,756100.1%

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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 →