The Fair Share Report

4 W St

Millstone, NJ 08844

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 2 · The Director's Ratio

89.15%

The state's official measure of how far Millstone assessments sit below market value — republished every October, applied town-wide.

Step 3 · Assessed value

$373,800

Set at the last town-wide revaluation and mostly frozen since.

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

$2.154 per $100 assessed

$1.213 Schools · 56% $0.371 County · 17% $0.569 Town · 26%

This home's own bill implies $1.893 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$7,076/yr
Public schools$3,987
Somerset County$1,219
Town of Millstone$1,870
Millstone average$8,822

The record, in full

Not enough closely-comparable recent sales in Millstone for a fairness verdict — the town's current median assessment ratio is 89.9%.

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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 →