The Fair Share Report
2 Maple Leaf Dr
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 $592,403 – $734,827, 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 $624,099 home should be assessed near $613,801.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $105,299 above what the ratio math suggests (17.2%).
Step 4 · The tax rate — same for every Middletown home
$0.990 Schools · 61% $0.195 County · 12% $0.429 Town · 27%
This home's own bill implies $1.533 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Middletown sale · assessed ÷ market
81%127%
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 |
|---|---|---|---|---|
| 5 SKIMMER LANE | 2025-06 | $730,000 | 2,032 | 98.9% |
| 707 ABBY RD | 2026-06 | $652,500 | 1,981 | 85.8% |
| 37 GOLDEN EYE LANE | 2026-05 | $605,000 | 2,027 | 115.1% |
| 211 APRIL WAY | 2026-01 | $625,000 | 2,074 | 93.9% |
| 22 MICHIGAN AVE | 2025-05 | $825,000 | 2,110 | 95.6% |
| 512 ABBY RD | 2026-06 | $638,888 | 2,130 | 93.5% |
| 712 ABBY RD | 2026-03 | $667,000 | 2,130 | 89.8% |
| 602 PARK AVE | 2026-06 | $639,900 | 2,112 | 91.1% |
| 617 CARTER AVE | 2026-01 | $510,000 | 1,927 | 111.0% |
| 10 IRONWOOD CT | 2025-04 | $710,000 | 1,779 | 98.2% |
| 25 IRONWOOD CT | 2025-01 | $660,000 | 1,779 | 101.8% |
| 44 GOLDEN EYE LANE | 2025-01 | $857,000 | 2,275 | 100.0% |
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