The Fair Share Report
186 E Rd
Middletown, NJ 07718
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 $700,425 – $906,790, from 12 comparable Middletown 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 Middletown assessments sit below market value — republished every October, applied town-wide. A $734,270 home should be assessed near $722,155.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $87,845 above what the ratio math suggests (12.2%).
Step 4 · The tax rate — same for every Middletown home
$0.990 Schools · 61% $0.195 County · 12% $0.429 Town · 27%
Step 5 · The bill
This home vs. every recent Middletown sale · assessed ÷ market
81%121%
Paying about right
This home's ratio lands inside Middletown'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 |
|---|---|---|---|---|
| 203 APRIL WAY | 2025-05 | $655,000 | 2,256 | 100.0% |
| 44 GOLDEN EYE LANE | 2025-01 | $857,000 | 2,275 | 100.0% |
| 78 GOLDEN EYE LANE | 2025-06 | $860,000 | 2,219 | 100.0% |
| 304 PINE ST | 2026-04 | $696,000 | 2,146 | 93.0% |
| 304 PINE ST | 2026-04 | $696,000 | 2,146 | 93.0% |
| 512 ABBY RD | 2026-06 | $638,888 | 2,130 | 93.5% |
| 712 ABBY RD | 2026-03 | $667,000 | 2,130 | 89.8% |
| 22 MICHIGAN AVE | 2025-05 | $825,000 | 2,110 | 95.6% |
| 416 GLENMARY AVE | 2025-05 | $680,000 | 2,151 | 100.2% |
| 602 PARK AVE | 2026-06 | $639,900 | 2,112 | 91.1% |
| 63 PATE DR | 2026-05 | $680,000 | 2,148 | 88.2% |
| 61 PATE DR | 2026-01 | $670,000 | 2,148 | 94.6% |
Is this your house?
Run your own report →