The Fair Share Report

210 Second St

Dunellen, NJ 08812

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

≈ $380,778

Likely range $346,129 – $468,047, from 12 comparable Dunellen sales in the past 18 months, at this home's 1,040 sq ft.

Step 2 · The Director's Ratio

97.02%

The state's official measure of how far Dunellen assessments sit below market value — republished every October, applied town-wide. A $380,778 home should be assessed near $369,431.

Step 3 · Assessed value

$490,000

Set at the last town-wide revaluation and mostly frozen since. That's $120,569 above what the ratio math suggests (32.6%).

Step 4 · The tax rate — same for every Dunellen home

$2.448 per $100 assessed

$1.411 Schools · 58% $0.353 County · 14% $0.684 Town · 28%

This home's own bill implies $2.205 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$10,805/yr
Public schools$6,228
Middlesex County$1,558
Town of Dunellen$3,019
Dunellen average$11,299

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

Town median 98.9%
This home · 128.7%

76%147%

Looks meaningfully over-assessed

Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (100.00%) — roughly $2,952/yr at stake. NJ appeals are generally due April 1.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
641 NORTH AVE2025-01$370,000988100.0%
310 SANFORD AVE2026-03$455,0001,272101.8%
418 JACKSON AVE2025-01$470,00089698.9%
323 OAK PARKWAY2026-01$480,0001,31198.9%
426 DUNELLEN AVE2025-02$439,0001,376100.2%
51 KLINE PL2025-01$470,0001,08098.9%
622 NO WASHINGTON AVE2025-04$429,0001,28997.9%
400 WHITTIER AVE2026-02$512,0001,00098.5%
364 S MADISON AVE2026-03$400,000920104.7%
211 SO WASHINGTON AVE2025-01$340,0001,328145.6%
620 GROVE ST. UNIT 52025-04$380,0001,12879.5%
128 FIRST ST2026-02$440,0001,46399.8%

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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 →