The Fair Share Report
136 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 $368,089 – $528,519, from 12 comparable Hardwick 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 Hardwick assessments sit below market value — republished every October, applied town-wide. A $444,155 home should be assessed near $235,269.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $57,869 below what the ratio math suggests (24.6%).
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
28%66%
Paying about right
This home's ratio lands inside Hardwick's normal band. The drift hasn't singled it out — no case for a tax appeal.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 42 SAND POND ROAD | 2025-03 | $515,000 | 1,770 | 45.4% |
| 5 WARD ROAD | 2025-12 | $430,000 | 2,355 | 39.2% |
| 82 SPRING VALLEY ROAD | 2025-12 | $531,000 | 1,782 | 43.3% |
| 212 MILLBROOK ROAD | 2026-04 | $350,000 | 1,479 | 51.9% |
| 24 RIVER VIEW DRIVE | 2025-10 | $450,000 | 1,344 | 42.2% |
| 17 RIVER VIEW DRIVE | 2026-04 | $440,000 | 1,330 | 47.0% |
| 27 STILLWATER ROAD | 2025-06 | $478,000 | 2,508 | 42.4% |
| 37 JONES LANE | 2026-06 | $465,000 | 2,099 | 44.6% |
| 84 SPRING VALLEY ROAD | 2025-11 | $470,000 | 1,348 | 39.7% |
| 3 SPRING VALLEY ROAD | 2025-07 | $555,000 | 2,153 | 50.3% |
| 5 OLD ORCHARD ROAD | 2025-07 | $387,500 | 1,655 | 50.4% |
| 39 STILLWATER ROAD | 2025-12 | $475,000 | 2,888 | 41.7% |
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