The Fair Share Report
446 Everett Rd
Middletown, NJ 07733
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $462,090 – $712,858, from 12 comparable Middletown sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Middletown assessments sit below market value — republished every October, applied town-wide. A $553,551 home should be assessed near $544,417.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $149,283 above what the ratio math suggests (27.4%).
Step 4 · The tax rate — same for every Middletown home
$0.990 Schools · 61% $0.195 County · 12% $0.429 Town · 27%
This home's own bill implies $1.235 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Middletown sale · assessed ÷ market
81%156%
Paying about right
This home's ratio lands inside Middletown's normal band. The drift hasn't singled it out — no case for a tax appeal.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 921 PARK PL | 2026-04 | $730,000 | 1,302 | 97.5% |
| 67 VICTORIA PL | 2026-03 | $660,000 | 1,292 | 116.1% |
| 22 RICHARD TERR | 2025-01 | $575,000 | 1,296 | 107.1% |
| 63 BAY AVE | 2025-05 | $460,000 | 1,251 | 103.7% |
| 598 EAST RD | 2026-04 | $530,286 | 1,305 | 91.2% |
| 811 ANDOVER ST | 2025-02 | $487,000 | 1,353 | 107.8% |
| 234 BRAY AVE | 2025-03 | $475,000 | 1,362 | 99.2% |
| 42 HENRY DR | 2025-06 | $350,000 | 1,326 | 185.0% |
| 7 HEDDIN PL | 2025-06 | $650,000 | 1,318 | 100.9% |
| 139 SUMMIT AVE | 2025-03 | $555,000 | 1,401 | 107.2% |
| 53 FAIRVIEW DR | 2026-02 | $662,000 | 1,254 | 96.7% |
| 63 CAMPBELL ST | 2025-01 | $792,500 | 1,264 | 97.7% |
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