The Fair Share Report

702 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

≈ $184,986

Likely range $150,996 – $245,020, from 12 comparable Millville sales in the past 18 months (home size estimated from assessor data — range widened).

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 $184,986 home should be assessed near $106,256.

Step 3 · Assessed value

$42,500

Set at the last town-wide revaluation and mostly frozen since. That's $63,756 below what the ratio math suggests (60.0%).

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

$1,724/yr
Public schools$485
Cumberland County$635
Town of Millville$603
Millville average$5,109

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

Town median 48.2%
This home · 23.0%

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)

AddressSoldPriceSq ftRatio
407 E ST2025-06$130,00090967.2%
17-19 S 5TH ST2025-04$85,00096888.9%
100 S 11TH ST2025-02$224,50076846.1%
1910 E MAIN ST2025-03$225,0001,00853.1%
607 G ST2026-03$200,00075235.0%
908 SASSAFRAS ST2025-12$190,00096442.3%
104 S PEARL ST2026-05$160,00089049.6%
804 N 6TH ST2025-03$150,0001,14165.5%
100 N 13TH ST2025-06$219,90085439.1%
420 FULTON ST2026-03$255,00086532.8%
607 MULBERRY ST2025-11$194,90092441.1%
404 MAURICE ST2026-05$196,50093637.1%

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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 →