The Fair Share Report
700 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $92,653 – $218,270, 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 $180,934 home should be assessed near $103,928.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $56,628 below what the ratio math suggests (54.5%).
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
16%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 |
|---|---|---|---|---|
| 517 N 2ND ST | 2025-05 | $315,000 | — | 31.8% |
| 404 MAURICE ST | 2026-05 | $196,500 | 936 | 37.1% |
| 407 E ST | 2025-06 | $130,000 | 909 | 67.2% |
| 420 FULTON ST | 2026-03 | $255,000 | 865 | 32.8% |
| 414 W POWELL ST | 2026-02 | $115,000 | 960 | 31.7% |
| 908 SASSAFRAS ST | 2025-12 | $190,000 | 964 | 42.3% |
| 1308 E MAIN ST | 2026-05 | $220,000 | 864 | 43.3% |
| 5 S PEARL ST | 2026-05 | $205,000 | 1,000 | 26.1% |
| 805 E MAIN ST | 2025-08 | $90,000 | 984 | 72.2% |
| 517 MAPLE ST | 2026-03 | $239,900 | 1,044 | 35.9% |
| 517 MAPLE ST | 2025-09 | $120,000 | 1,044 | 71.7% |
| 829 CARMEL RD | 2026-01 | $180,000 | 994 | 49.1% |
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