The Fair Share Report
613 E Rd
Middletown, NJ 07748
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 $849,341 – $1,107,863, from 12 comparable Middletown sales in the past 18 months, at this home's 2,578 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 $975,459 home should be assessed near $959,364.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $49,864 below what the ratio math suggests (5.2%).
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 $1.500 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
77%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 |
|---|---|---|---|---|
| 132 APPLE BLOSSOM LANE | 2026-03 | $910,000 | 2,596 | 81.5% |
| 218 BEACH AVE | 2026-04 | $1,181,000 | 2,520 | 86.3% |
| 93 TWIN BROOKS AVE | 2026-02 | $850,000 | 2,580 | 96.0% |
| 2 WARE PL | 2026-01 | $840,000 | 2,392 | 94.1% |
| 50 FARM RD | 2026-03 | $1,525,000 | 2,512 | 79.9% |
| 310 CEDAR ST | 2025-06 | $635,000 | 2,736 | 107.9% |
| 25 DEEPDALE DR | 2025-01 | $1,050,000 | 2,605 | 97.7% |
| 878 NEWMAN SPRINGS RD | 2025-05 | $999,999 | 2,327 | 94.5% |
| 49 STORK CT | 2026-03 | $1,440,000 | 2,386 | 77.6% |
| 575 CLINTON AVE | 2025-03 | $875,000 | 2,788 | 102.8% |
| 6 MURPHY RD | 2025-01 | $565,000 | 2,388 | 132.5% |
| 91 HEIGHTS TERR | 2025-05 | $870,000 | 2,364 | 101.6% |
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