The Fair Share Report

133 Second St

Dunellen, NJ 08812

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

≈ $440,276

Likely range $365,034 – $474,422, from 12 comparable Dunellen sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

97.02%

The state's official measure of how far Dunellen assessments sit below market value — republished every October, applied town-wide. A $440,276 home should be assessed near $427,156.

Step 3 · Assessed value

$457,100

Set at the last town-wide revaluation and mostly frozen since. That's $29,944 above what the ratio math suggests (7.0%).

Step 4 · The tax rate — same for every Dunellen home

$2.448 per $100 assessed

$1.411 Schools · 58% $0.353 County · 14% $0.684 Town · 28%

This home's own bill implies $2.225 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$10,171/yr
Public schools$5,863
Middlesex County$1,467
Town of Dunellen$2,842
Dunellen average$11,299

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

Town median 98.9%
This home · 103.8%

76%131%

Paying about right

This home's ratio lands inside Dunellen'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
128 FIRST ST2026-02$440,0001,46399.8%
211 SO WASHINGTON AVE2025-01$340,0001,328145.6%
622 NO WASHINGTON AVE2025-04$429,0001,28997.9%
426 DUNELLEN AVE2025-02$439,0001,376100.2%
323 OAK PARKWAY2026-01$480,0001,31198.9%
1790 WEST 4TH ST2025-04$360,0001,479123.9%
405 MADISON AVE2026-02$510,0001,63297.1%
220 FIRST ST2026-04$516,0001,51879.9%
250 WALNUT ST2025-01$450,0001,28498.9%
500 SECOND ST2026-05$442,0001,368108.5%
325 ORANGE ST2025-03$349,7601,666117.5%
310 SANFORD AVE2026-03$455,0001,272101.8%

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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 →