The Fair Share Report

326 E Broad St

Millville, NJ 08030

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

≈ $173,129

Likely range $124,760 – $202,439, from 12 comparable Millville sales in the past 18 months, at this home's 1,328 sq ft.

Step 2 · The Director's Ratio

57.44%

The state's official measure of how far Millville assessments sit below market value — republished every October, applied town-wide. A $173,129 home should be assessed near $99,445.

Step 3 · Assessed value

$73,600

Set at the last town-wide revaluation and mostly frozen since. That's $25,845 below what the ratio math suggests (26.0%).

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

$4.053 per $100 assessed

$1.141 Schools · 28% $1.494 County · 37% $1.418 Town · 35%

Step 5 · The bill

$2,985/yr
Public schools$840
Cumberland County$1,100
Town of Millville$1,044
Millville average$5,109

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

Town median 48.2%
This home · 42.5%

31%79%

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)

AddressSoldPriceSq ftRatio
713 E BROAD ST2026-06$261,0001,31147.4%
302 W MAIN ST2026-02$205,0001,42643.8%
5 MCNEAL ST E2025-08$130,0001,31153.2%
119 W MCNEAL ST2025-09$105,0501,28855.0%
309 S 2ND ST2025-11$190,0001,40638.6%
216 S 3RD ST2025-10$135,0001,43760.4%
35 CEDAR ST2025-09$170,0001,30444.9%
716 S 2ND ST2026-05$81,0001,494112.0%
322 E OAK ST2026-05$190,0001,44231.7%
402 W GREEN ST2026-03$190,0001,11046.3%
402 W GREEN ST2025-12$120,0001,11073.3%
14 CALORIS AVE2025-07$230,0001,40052.1%

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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 →