The Fair Share Report
500 E St
Millville, NJ 08223
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 $175,544 – $299,543, from 12 comparable Millville 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 Millville assessments sit below market value — republished every October, applied town-wide. A $259,762 home should be assessed near $149,207.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $54,807 below what the ratio math suggests (36.7%).
Step 4 · The tax rate — same for every Millville home
$1.141 Schools · 28% $1.494 County · 37% $1.418 Town · 35%
Step 5 · The bill
This home vs. every recent Millville sale · assessed ÷ market
26%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 464 S 3RD ST | 2025-09 | $177,500 | 1,306 | 58.7% |
| 2132 WHEATON AVE | 2025-06 | $280,000 | 1,264 | 43.8% |
| 1906 E MAIN ST | 2025-11 | $249,900 | 1,267 | 48.0% |
| 601 N 9TH ST | 2025-01 | $231,960 | 1,268 | 50.5% |
| 2405 SHELBURN RD | 2025-01 | $280,000 | 1,264 | 47.7% |
| 4 N 8TH ST | 2025-09 | $265,000 | 1,394 | 50.6% |
| 204 N 8TH ST | 2025-11 | $215,000 | 1,300 | 46.6% |
| 1717 NEWCOMBTOWN RD | 2026-05 | $300,000 | 1,402 | 53.6% |
| 35 E FOREST GLEN DR | 2026-06 | $355,000 | 1,191 | 41.8% |
| 804 N 6TH ST | 2025-03 | $150,000 | 1,141 | 65.5% |
| 801 F ST | 2025-06 | $171,500 | 1,176 | 66.9% |
| 811 N 7TH ST | 2026-02 | $260,000 | 1,234 | 53.0% |
Is this your house?
Run your own report →