The Fair Share Report

501 E St

Millville, NJ 08332

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

≈ $213,214

Likely range $166,154 – $277,358, from 12 comparable Millville sales in the past 18 months, at this home's 1,080 sq ft.

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 $213,214 home should be assessed near $122,470.

Step 3 · Assessed value

$96,900

Set at the last town-wide revaluation and mostly frozen since. That's $25,570 below what the ratio math suggests (20.9%).

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

$3,930/yr
Public schools$1,106
Cumberland County$1,449
Town of Millville$1,375
Millville average$5,109

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

Town median 48.2%
This home · 45.4%

29%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
800 N 8TH ST2026-05$185,0001,07260.5%
902 PLEASANT DR2025-08$160,0001,04079.7%
732 OVERBROOK AVE2025-07$199,0001,00843.3%
926 BARBARA TERR2025-10$269,0001,04238.3%
17-19 S 5TH ST2025-04$85,00096888.9%
1733 SILVER RUN RD2025-03$240,0001,12241.5%
804 N 6TH ST2025-03$150,0001,14165.5%
1910 E MAIN ST2025-03$225,0001,00853.1%
309 COLUMBINE AVE2026-04$259,0001,05440.5%
35 E FOREST GLEN DR2026-06$355,0001,19141.8%
801 F ST2025-06$171,5001,17666.9%
601 N 9TH ST2025-01$231,9601,26850.5%

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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 →