The Fair Share Report
315 E St
Millville, NJ 08332
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 $103,526 – $268,024, 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 $132,421 home should be assessed near $76,063.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $16,637 above what the ratio math suggests (21.9%).
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
29%95%
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 |
|---|---|---|---|---|
| 15 N 13TH ST | 2025-11 | $240,000 | 1,346 | 52.6% |
| 317 MULBERRY ST | 2025-05 | $100,000 | 1,414 | 42.5% |
| 706 S 2ND ST | 2025-07 | $120,000 | 1,227 | 77.3% |
| 35 CEDAR ST | 2025-09 | $170,000 | 1,304 | 44.9% |
| 1717 NEWCOMBTOWN RD | 2026-05 | $300,000 | 1,402 | 53.6% |
| 815 S 2ND ST | 2025-10 | $226,000 | 1,230 | 52.0% |
| 5 MCNEAL ST E | 2025-08 | $130,000 | 1,311 | 53.2% |
| 309 N 7TH ST | 2025-07 | $130,000 | 1,536 | 84.4% |
| 519 E VINE ST | 2026-02 | $100,000 | 1,240 | 79.5% |
| 2 MULFORD AVE | 2025-09 | $250,000 | 1,440 | 36.9% |
| 8 S LAUREL ST | 2025-02 | $65,000 | 1,236 | 88.5% |
| 713 OVERBROOK AVE | 2025-07 | $240,000 | 1,290 | 45.3% |
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