The Fair Share Report
309 Oak St E
Millville, NJ 08077
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 $71,383 – $152,719, 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 $84,612 home should be assessed near $48,601.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $9,499 above what the ratio math suggests (19.5%).
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%87%
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 |
|---|---|---|---|---|
| 315 S 3RD ST | 2025-07 | $125,000 | 1,076 | 32.2% |
| 208 SMITH ST | 2025-11 | $199,000 | 1,056 | 24.4% |
| 544 COLUMBIA AVE | 2025-10 | $185,900 | 1,110 | 40.1% |
| 418 SASSAFRAS ST | 2025-04 | $140,000 | 1,094 | 32.6% |
| 418 SASSAFRAS ST | 2025-03 | $85,000 | 1,094 | 53.6% |
| 500 N SHARP ST | 2025-03 | $50,000 | 1,020 | 101.2% |
| 416 W GREEN ST | 2025-05 | $68,000 | 1,001 | 87.9% |
| 610 PINE ST | 2025-02 | $100,000 | 1,200 | 114.0% |
| 610 PINE ST | 2025-01 | $55,000 | 1,200 | 207.3% |
| 206 E OAK ST | 2026-01 | $100,000 | 1,094 | 71.5% |
| 332 E BROAD ST | 2026-02 | $75,000 | 1,056 | 54.5% |
| 110 MIDDLE AVE | 2025-07 | $85,000 | 1,139 | 72.2% |
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