The Fair Share Report
204 E 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $106,736 – $169,475, from 12 comparable Millville 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 Millville assessments sit below market value — republished every October, applied town-wide. A $135,561 home should be assessed near $77,866.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $2,134 above what the ratio math suggests (2.7%).
Step 4 · The tax rate — same for every Millville home
$1.141 Schools · 28% $1.494 County · 37% $1.418 Town · 35%
Step 5 · The bill
This home vs. every recent Millville sale · assessed ÷ market
31%80%
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 517 N 2ND ST | 2025-05 | $315,000 | — | 31.8% |
| 305 N 5TH ST | 2025-08 | $136,000 | 1,217 | 53.5% |
| 616 E MAIN ST | 2025-03 | $135,000 | 1,242 | 40.6% |
| 706 S 2ND ST | 2025-07 | $120,000 | 1,227 | 77.3% |
| 815 S 2ND ST | 2025-10 | $226,000 | 1,230 | 52.0% |
| 8 S LAUREL ST | 2025-02 | $65,000 | 1,236 | 88.5% |
| 502 E MAIN ST | 2026-04 | $129,000 | 1,160 | 46.8% |
| 2023 NEWCOMBTOWN RD | 2025-07 | $160,000 | 1,140 | 88.2% |
| 502 MAPLE ST | 2025-09 | $117,000 | 1,269 | 98.4% |
| 35 CEDAR ST | 2025-09 | $170,000 | 1,304 | 44.9% |
| 501 MAPLE ST | 2026-02 | $150,000 | 1,123 | 59.5% |
| 510 DOCK ST | 2025-05 | $140,000 | 1,324 | 41.4% |
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