The Fair Share Report

314 A 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.

Step 1 · Market value

≈ $615,547

Likely range $591,636 – $680,325, from 12 comparable Middlesex sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

97.52%

The state's official measure of how far Middlesex assessments sit below market value — republished every October, applied town-wide. A $615,547 home should be assessed near $600,281.

Step 3 · Assessed value

$606,100

Set at the last town-wide revaluation and mostly frozen since. That's $5,819 above what the ratio math suggests (1.0%).

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

$2.119 per $100 assessed

$1.137 Schools · 54% $0.340 County · 16% $0.643 Town · 30%

This home's own bill implies $1.893 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$11,473/yr
Public schools$6,153
Middlesex County$1,840
Town of Middlesex$3,480
Middlesex average$10,237

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

Town median 97.6%
This home · 98.5%

77%122%

Paying about right

This home's ratio lands inside Middlesex's normal band. The drift hasn't singled it out — no case for a tax appeal.

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

AddressSoldPriceSq ftRatio
333 MELROSE AVE2025-05$602,0002,05491.7%
401 FAIRVIEW AVE2025-04$590,0001,93697.5%
420 SENECA AVE2025-01$575,0002,10098.3%
509 CLINTON AVE2025-01$550,0001,93297.8%
119 VOGEL PL2026-05$770,0001,90877.1%
440 FAIRVIEW AVE2025-02$475,0001,756100.1%
18 GARDEN PL2026-01$720,0002,25897.4%
110 BENART PL2026-05$540,0001,904101.8%
52 GREENBROOK RD2026-03$571,7001,872102.6%
408 FAIRVIEW AVE2026-02$600,0001,72088.1%
14 JUNE WAY2026-04$692,0001,78083.5%
122 SO LINCOLN AVE2026-04$707,0002,41281.4%

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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 →