The Fair Share Report

511 Fairview Ave

Middlesex, NJ 08846

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

≈ $597,619

Likely range $547,958 – $701,187, from 12 comparable Middlesex sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

97.52%

The state's official measure of how far Middlesex assessments sit below market value — republished every October, applied town-wide. A $597,619 home should be assessed near $582,798.

Step 3 · Assessed value

$568,900

Set at the last town-wide revaluation and mostly frozen since. That's $13,898 below what the ratio math suggests (2.4%).

Step 4 · The tax rate — same for every Middlesex home

$2.119 per $100 assessed

$1.137 Schools · 54% $0.340 County · 16% $0.643 Town · 30%

This home's own bill implies $2.028 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$11,535/yr
Public schools$6,186
Middlesex County$1,850
Town of Middlesex$3,499
Middlesex average$10,237

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

Town median 97.6%
This home · 95.2%

76%122%

Paying about right

This home's ratio lands inside Middlesex'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
509 CLINTON AVE2025-01$550,0001,93297.8%
110 BENART PL2026-05$540,0001,904101.8%
52 GREENBROOK RD2026-03$571,7001,872102.6%
401 FAIRVIEW AVE2025-04$590,0001,93697.5%
333 MELROSE AVE2025-05$602,0002,05491.7%
552 LORRAINE AVE2025-03$460,0001,72898.9%
14 JUNE WAY2026-04$692,0001,78083.5%
420 SENECA AVE2025-01$575,0002,10098.3%
506 MELROSE AVE2026-02$562,5001,568101.7%
115 HOWARD AVE2025-04$600,0001,71298.5%
241 COOK AVE2026-03$555,0001,52297.3%
408 FAIRVIEW AVE2026-02$600,0001,72088.1%

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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 →