The Fair Share Report
714 Pershing 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $576,591 – $726,228, from 12 comparable Middlesex 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 Middlesex assessments sit below market value — republished every October, applied town-wide. A $644,827 home should be assessed near $628,835.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $26,035 below what the ratio math suggests (4.1%).
Step 4 · The tax rate — same for every Middlesex home
$1.137 Schools · 54% $0.340 County · 16% $0.643 Town · 30%
Step 5 · The bill
This home vs. every recent Middlesex sale · assessed ÷ market
77%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 531 HARRIS AVE | 2026-05 | $730,000 | 2,138 | 81.0% |
| 401 NO LINCOLN AVE | 2026-01 | $710,000 | 2,364 | 95.1% |
| 202-204 WILTON AVE | 2025-05 | $600,000 | 1,920 | 98.8% |
| 333 MELROSE AVE | 2025-05 | $602,000 | 2,054 | 91.7% |
| 12 RUTHERFORD CT | 2025-01 | $700,000 | 2,508 | 97.3% |
| 202 RUNYON AVE | 2025-04 | $489,900 | 1,800 | 95.6% |
| 5 WILTON AVE | 2026-05 | $425,000 | 2,188 | 119.2% |
| 420 SENECA AVE | 2025-01 | $575,000 | 2,100 | 98.3% |
| 5 KALMAN CT | 2025-06 | $655,000 | 1,904 | 90.1% |
| 509 CLINTON AVE | 2025-01 | $550,000 | 1,932 | 97.8% |
| 31 SHEARN DR | 2026-03 | $480,000 | 2,256 | 120.7% |
| 57 GREENBROOK RD | 2026-03 | $575,000 | 1,732 | 94.3% |
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