The Fair Share Report
136 Second St
Dunellen, NJ 08812
The town adjusts for market price changes once a year — but only based on the average price change of all homes in the area. This report checks whether this house's assessment kept pace.
This home's payments are about right
It sits inside Dunellen's normal range — market price changes haven't singled it out. No case for a tax appeal.
Step 1 · Market value
Likely range $397,188 – $465,355, from 12 comparable Dunellen sales in the past 18 months, at this home's 1,271 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Dunellen assessments sit below market value — republished every October, applied town-wide. A $423,009 home should be assessed near $410,403.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $41,797 above what the ratio math suggests (10.2%).
Step 4 · The tax rate — same for every Dunellen home
$1.411 Schools · 58% $0.353 County · 14% $0.684 Town · 28%
This home's own bill implies $2.316 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Dunellen sale · assessed ÷ market
76%124%
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 250 WALNUT ST | 2025-01 | $450,000 | 1,284 | 98.9% |
| 622 NO WASHINGTON AVE | 2025-04 | $429,000 | 1,289 | 97.9% |
| 500 SECOND ST | 2026-05 | $442,000 | 1,368 | 108.5% |
| 211 SO WASHINGTON AVE | 2025-01 | $340,000 | 1,328 | 145.6% |
| 323 OAK PARKWAY | 2026-01 | $480,000 | 1,311 | 98.9% |
| 539 MOUNTAINVIEW TERR | 2026-02 | $500,000 | 1,111 | 96.7% |
| 128 FIRST ST | 2026-02 | $440,000 | 1,463 | 99.8% |
| 426 DUNELLEN AVE | 2025-02 | $439,000 | 1,376 | 100.2% |
| 117 PEARL PL | 2025-02 | $547,000 | 1,458 | 97.8% |
| 310 SANFORD AVE | 2026-03 | $455,000 | 1,272 | 101.8% |
| 51 KLINE PL | 2025-01 | $470,000 | 1,080 | 98.9% |
| 1790 WEST 4TH ST | 2025-04 | $360,000 | 1,479 | 123.9% |
Is this your house?
Run your own report →