The Fair Share Report

337 High 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

≈ $554,215

Likely range $473,086 – $586,172, 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 $554,215 home should be assessed near $540,470.

Step 3 · Assessed value

$491,800

Set at the last town-wide revaluation and mostly frozen since. That's $48,670 below what the ratio math suggests (9.0%).

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 $2.020 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$9,936/yr
Public schools$5,329
Middlesex County$1,594
Town of Middlesex$3,014
Middlesex average$10,237

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

Town median 97.6%
This home · 88.7%

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
407 CLINTON AVE2026-03$565,0001,62493.7%
115 HOWARD AVE2025-04$600,0001,71298.5%
14 JUNE WAY2026-04$692,0001,78083.5%
122 OSCEOLA AVE2025-06$585,0001,45698.2%
506 MELROSE AVE2026-02$562,5001,568101.7%
13 PARK PL2025-02$505,0001,43081.8%
437 FAIRVIEW AVE2025-04$525,0001,61299.1%
316 SENECA AVE2025-01$399,0001,675144.1%
52 GREENBROOK RD2026-03$571,7001,872102.6%
241 COOK AVE2026-03$555,0001,52297.3%
217-219 SECOND ST2026-04$460,0001,768117.6%
1117 HAZELWOOD AVE2025-06$540,0001,60692.8%

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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 →