The Fair Share Report

315 A St

Middlesex, NJ 08540

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

≈ $351,333

Likely range $272,000 – $413,514, from 12 comparable Middlesex sales in the past 18 months, at this home's 816 sq ft.

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 $351,333 home should be assessed near $342,620.

Step 3 · Assessed value

$394,000

Set at the last town-wide revaluation and mostly frozen since. That's $51,380 above what the ratio math suggests (15.0%).

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 $1.945 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$7,664/yr
Public schools$4,110
Middlesex County$1,229
Town of Middlesex$2,324
Middlesex average$10,237

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

Town median 97.6%
This home · 112.1%

77%150%

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
759 DRAKE AVE2025-03$527,00097287.3%
17 FISHER AVE2025-01$450,00088895.7%
169 MISTY LN2025-04$300,000900123.2%
130 THIRD ST2025-01$505,00096086.3%
119 SECOND ST2026-03$370,000960100.5%
720 VOORHEES AVE2025-03$460,0001,11394.6%
289 LINCOLN BLVD2025-06$430,00088896.5%
47B GRAMERCY GARDENS2026-03$211,50090099.5%
48B GRAMERCY GARDENS2025-04$196,000900107.3%
47B GRAMERCY GARDENS2025-01$185,000900113.7%
234 OAK DR2025-02$405,000928108.6%
310 HOWARD AVE2026-05$465,0001,08091.9%

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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 →