The Fair Share Report
147 Lee Dr
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $552,160 – $727,984, from 12 comparable Middlesex 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 Middlesex assessments sit below market value — republished every October, applied town-wide. A $636,457 home should be assessed near $620,673.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $35,373 below what the ratio math suggests (5.7%).
Step 4 · The tax rate — same for every Middlesex home
$1.137 Schools · 54% $0.340 County · 16% $0.643 Town · 30%
Step 5 · The bill
This home vs. every recent Middlesex sale · assessed ÷ market
75%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 313 F ST | 2025-05 | $700,000 | 1,920 | 85.9% |
| 167 BARBARA PL | 2026-06 | $760,000 | 2,108 | 79.5% |
| 7 WEISS DR | 2026-02 | $660,000 | 2,016 | 75.6% |
| 220 VESPER AVE | 2025-05 | $635,000 | 2,224 | 97.6% |
| 420 SENECA AVE | 2025-01 | $575,000 | 2,100 | 98.3% |
| 284 HARRIS AVE | 2025-01 | $555,000 | 1,704 | 102.3% |
| 110 BENART PL | 2026-05 | $540,000 | 1,904 | 101.8% |
| 139 LEE DR | 2026-06 | $589,900 | 2,500 | 82.2% |
| 5 WELLS PLACE | 2026-01 | $685,000 | 2,372 | 91.9% |
| 52 GREENBROOK RD | 2026-03 | $571,700 | 1,872 | 102.6% |
| 31 SHEARN DR | 2026-03 | $480,000 | 2,256 | 120.7% |
| 5 WILTON AVE | 2026-05 | $425,000 | 2,188 | 119.2% |
Is this your house?
Run your own report →