The Fair Share Report
208 Fourth St
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 $478,246 – $586,952, from 12 comparable Middlesex sales in the past 18 months, at this home's 1,768 sq ft.
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 $503,313 home should be assessed near $490,831.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $204,531 below what the ratio math suggests (41.7%).
Step 4 · The tax rate — same for every Middlesex home
$1.137 Schools · 54% $0.340 County · 16% $0.643 Town · 30%
This home's own bill implies $2.016 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Middlesex sale · assessed ÷ market
43%122%
Keep quiet and enjoy it
This home's assessment ratio sits below the Middlesex pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 1 TREE TOP RD | 2026-04 | $460,000 | 1,694 | 85.0% |
| 552 LORRAINE AVE | 2025-03 | $460,000 | 1,728 | 98.9% |
| 437 FAIRVIEW AVE | 2025-04 | $525,000 | 1,612 | 99.1% |
| 11 BIRCHWOOD CT | 2026-02 | $380,000 | 1,694 | 115.9% |
| 217-219 SECOND ST | 2026-04 | $460,000 | 1,768 | 117.6% |
| 14 JUNE WAY | 2026-04 | $692,000 | 1,780 | 83.5% |
| 408 FAIRVIEW AVE | 2026-02 | $600,000 | 1,720 | 88.1% |
| 440 FAIRVIEW AVE | 2025-02 | $475,000 | 1,756 | 100.1% |
| 202-204 WILTON AVE | 2025-05 | $600,000 | 1,920 | 98.8% |
| 202 RUNYON AVE | 2025-04 | $489,900 | 1,800 | 95.6% |
| 509 CLINTON AVE | 2025-01 | $550,000 | 1,932 | 97.8% |
| 52 GREENBROOK RD | 2026-03 | $571,700 | 1,872 | 102.6% |
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