The Fair Share Report

412 E Vine St

Millville, NJ 08070

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

≈ $152,167

Likely range $110,066 – $225,102, from 12 comparable Millville sales in the past 18 months (home size estimated from assessor data — range widened).

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 $152,167 home should be assessed near $87,405.

Step 3 · Assessed value

$57,800

Set at the last town-wide revaluation and mostly frozen since. That's $29,605 below what the ratio math suggests (33.9%).

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

$2,344/yr
Public schools$660
Cumberland County$864
Town of Millville$820
Millville average$5,109

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

Town median 48.2%
This home · 38.0%

20%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
1010 WOODLAND AVE2025-08$210,0001,11244.0%
311 N 7TH ST2025-10$180,0001,06452.9%
2023 NEWCOMBTOWN RD2025-07$160,0001,14088.2%
5 S PEARL ST2026-05$205,0001,00026.1%
24 RACE ST S2025-08$250,0001,03416.0%
200 S 5TH ST2025-05$199,9001,00934.0%
222 MAURICE ST2026-05$95,0001,09651.6%
404 MAURICE ST2026-05$196,50093637.1%
8 S LAUREL ST2025-02$65,0001,23688.5%
502 E MAIN ST2026-04$129,0001,16046.8%
908 SASSAFRAS ST2025-12$190,00096442.3%
616 N 4TH ST2025-07$130,0001,07049.4%

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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 →