The Fair Share Report

720 William St

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.

Step 1 · Market value

≈ $650,923

Likely range $508,278 – $776,703, from 12 comparable Middlesex sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

97.52%

The state's official measure of how far Middlesex assessments sit below market value — republished every October, applied town-wide. A $650,923 home should be assessed near $634,780.

Step 3 · Assessed value

$652,300

Set at the last town-wide revaluation and mostly frozen since. That's $17,520 above what the ratio math suggests (2.8%).

Step 4 · The tax rate — same for every Middlesex home

$2.119 per $100 assessed

$1.137 Schools · 54% $0.340 County · 16% $0.643 Town · 30%

This home's own bill implies $2.055 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$13,403/yr
Public schools$7,188
Middlesex County$2,149
Town of Middlesex$4,065
Middlesex average$10,237

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

Town median 97.6%
This home · 100.2%

77%134%

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)

AddressSoldPriceSq ftRatio
18 GARDEN PL2026-01$720,0002,25897.4%
220 VESPER AVE2025-05$635,0002,22497.6%
128 HAZELWOOD AVE2026-05$715,0002,13283.9%
167 BARBARA PL2026-06$760,0002,10879.5%
139 LEE DR2026-06$589,9002,50082.2%
313 F ST2025-05$700,0001,92085.9%
5 WELLS PLACE2026-01$685,0002,37291.9%
333 MELROSE AVE2025-05$602,0002,05491.7%
31 SHEARN DR2026-03$480,0002,256120.7%
5 WILTON AVE2026-05$425,0002,188119.2%
7 WEISS DR2026-02$660,0002,01675.6%
420 SENECA AVE2025-01$575,0002,10098.3%

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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 →