The Fair Share Report
7 Bustleton 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $127,054 – $194,086, 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 $170,000 home should be assessed near $97,648.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $62,948 below what the ratio math suggests (64.5%).
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
12%79%
Keep quiet and enjoy it
This home's assessment ratio sits below the Millville pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 403 W RACE ST | 2025-06 | $170,000 | 712 | 44.2% |
| 705 G ST | 2026-01 | $137,000 | 720 | 52.1% |
| 803 N 7TH ST | 2025-07 | $228,000 | 768 | 44.7% |
| 100 S 11TH ST | 2025-02 | $224,500 | 768 | 46.1% |
| 402 10TH ST N | 2025-10 | $155,000 | 711 | 55.4% |
| 707 E OAK ST | 2025-06 | $85,000 | 660 | 80.0% |
| 306 COLUMBINE AVE | 2025-07 | $155,000 | 760 | 41.9% |
| 607 G ST | 2026-03 | $200,000 | 752 | 35.0% |
| 420 FULTON ST | 2026-03 | $255,000 | 865 | 32.8% |
| 100 N 13TH ST | 2025-06 | $219,900 | 854 | 39.1% |
| 104 S PEARL ST | 2026-05 | $160,000 | 890 | 49.6% |
| 217 N SHARP ST | 2025-11 | $75,100 | 836 | 77.8% |
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