The Fair Share Report

39B Foxhall

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

≈ $332,381

Likely range $290,861 – $432,957, 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 $332,381 home should be assessed near $324,138.

Step 3 · Assessed value

$315,000

Set at the last town-wide revaluation and mostly frozen since. That's $9,138 below what the ratio math suggests (2.8%).

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 $1.827 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$5,756/yr
Public schools$3,087
Middlesex County$923
Town of Middlesex$1,746
Middlesex average$10,237

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

Town median 97.6%
This home · 94.8%

67%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
33B FOXHALL2026-01$325,0001,12090.8%
5A FOXHALL2026-01$340,0001,12088.7%
85 WILTON AVE2026-03$435,0001,07276.0%
95 WILTON AVE2026-01$405,0001,07278.1%
20C HANOVER SQ2025-03$335,0001,06088.7%
47B GRAMERCY GARDENS2026-03$211,50090099.5%
48B GRAMERCY GARDENS2025-04$196,000900107.3%
47B GRAMERCY GARDENS2025-01$185,000900113.7%
14 GRANDVIEW ST2025-03$458,5001,16399.2%
533 EDGEWORTH ST2026-03$450,00094897.4%
435 SECOND ST2025-06$445,0001,04088.4%
333 HARRIS AVE2025-06$650,0001,28382.0%

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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 →