The Fair Share Report

14 Oak St E

Millville, NJ 08092

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

≈ $176,033

Likely range $89,505 – $210,399, from 12 comparable Millville sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

57.44%

The state's official measure of how far Millville assessments sit below market value — republished every October, applied town-wide. A $176,033 home should be assessed near $101,113.

Step 3 · Assessed value

$87,800

Set at the last town-wide revaluation and mostly frozen since. That's $13,313 below what the ratio math suggests (13.2%).

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

$4.053 per $100 assessed

$1.141 Schools · 28% $1.494 County · 37% $1.418 Town · 35%

Step 5 · The bill

$3,561/yr
Public schools$1,003
Cumberland County$1,313
Town of Millville$1,246
Millville average$5,109

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

Town median 48.2%
This home · 49.9%

31%104%

Paying about right

This home's ratio lands inside Millville'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
309 S 2ND ST2025-11$190,0001,40638.6%
201 W FOUNDRY ST2025-10$185,0001,32636.0%
713 E BROAD ST2026-06$261,0001,31147.4%
302 W MAIN ST2026-02$205,0001,42643.8%
133 W BROAD ST2025-11$130,0001,51259.9%
1230 W MAIN ST2025-04$275,0001,35741.5%
120 HOWARD ST2025-11$225,0001,47640.0%
120 HOWARD ST2025-06$125,0001,47672.0%
610 PINE ST2025-02$100,0001,200114.0%
610 PINE ST2025-01$55,0001,200207.3%
308 E OAK ST2025-05$93,0001,27258.9%
316 E VINE ST2025-04$95,0001,19273.5%

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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 →