The Fair Share Report

129 Third 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

≈ $470,089

Likely range $401,914 – $506,671, 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 $470,089 home should be assessed near $458,431.

Step 3 · Assessed value

$415,200

Set at the last town-wide revaluation and mostly frozen since. That's $43,231 below what the ratio math suggests (9.4%).

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 $1.903 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$7,899/yr
Public schools$4,237
Middlesex County$1,267
Town of Middlesex$2,396
Middlesex average$10,237

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

Town median 97.6%
This home · 88.3%

76%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
103 ROCK LN2025-02$425,0001,232105.3%
837 VOORHEES AVE2026-01$460,0001,176104.1%
760 VOORHEES AVE2025-01$460,0001,09297.8%
14 NEW ST2026-04$550,0001,08088.2%
214 VESPER AVE2026-05$520,0001,09287.4%
225 HARRIS AVE2025-05$436,0001,209104.2%
303 ASHLAND RD2026-03$565,0001,37691.8%
143 PARKER ST2026-01$350,0001,317139.4%
122 OSCEOLA AVE2025-06$585,0001,45698.2%
435 SECOND ST2025-06$445,0001,04088.4%
13 PARK PL2025-02$505,0001,43081.8%
335 EDGEWORTH ST2026-06$480,0001,152103.7%

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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 →