The Fair Share Report

2 E Foundry St

Millville, NJ 08332

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

≈ $129,742

Likely range $100,783 – $238,206, 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 $129,742 home should be assessed near $74,524.

Step 3 · Assessed value

$118,900

Set at the last town-wide revaluation and mostly frozen since. That's $44,376 above what the ratio math suggests (59.5%).

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

$4,823/yr
Public schools$1,358
Cumberland County$1,778
Town of Millville$1,687
Millville average$5,109

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

Town median 48.2%
This home · 91.6%

31%123%

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
716 S 2ND ST2026-05$81,0001,494112.0%
641 BUCK ST2025-08$90,0001,61694.4%
302 W MAIN ST2026-02$205,0001,42643.8%
216 S 3RD ST2025-10$135,0001,43760.4%
133 W BROAD ST2025-11$130,0001,51259.9%
713 E BROAD ST2026-06$261,0001,31147.4%
322 E OAK ST2026-05$190,0001,44231.7%
120 HOWARD ST2025-11$225,0001,47640.0%
120 HOWARD ST2025-06$125,0001,47672.0%
408 N 4TH ST2025-11$130,0001,58864.2%
603-605 CHURCH ST2025-02$130,0001,62461.3%
331 S 4TH ST2026-02$20,0001,656107.0%

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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 →