The Fair Share Report
46 Compton St
Middletown, NJ 07718
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 $733,104 – $829,467, from 12 comparable Middletown sales in the past 18 months, at this home's 2,352 sq ft.
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 $802,378 home should be assessed near $789,139.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $1,039 below what the ratio math suggests (0.1%).
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 $1.573 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%118%
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 |
|---|---|---|---|---|
| 185 MONMOUTH AVE | 2026-01 | $815,000 | 2,389 | 118.8% |
| 932 NAVESINK RIVER RD | 2026-06 | $2,400,000 | 2,264 | 75.7% |
| 62 SWARTZEL DR | 2026-02 | $749,000 | 2,593 | 96.4% |
| 309 CHURCH ST | 2026-01 | $660,000 | 2,116 | 113.5% |
| 36 ONEIDA AVE | 2025-05 | $825,000 | 2,362 | 107.4% |
| 143 TINDALL RD | 2026-01 | $701,000 | 2,249 | 92.3% |
| 22 KINGS HWY | 2025-04 | $701,321 | 2,066 | 96.2% |
| 37 HUBBARD AVE | 2026-06 | $910,000 | 2,169 | 95.9% |
| 483 LOCUST POINT RD | 2025-04 | $1,200,000 | 1,862 | 98.5% |
| 79 COMPTON ST | 2026-01 | $622,500 | 1,770 | 84.6% |
| 280 LINDEN ST | 2026-01 | $575,000 | 2,260 | 100.3% |
| 98 SEABREEZE AVE | 2026-01 | $550,000 | 2,444 | 100.0% |
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