The Fair Share Report
76 Second St
Middletown, NJ 07718
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 $439,447 – $686,983, from 12 comparable Middletown 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 Middletown assessments sit below market value — republished every October, applied town-wide. A $498,987 home should be assessed near $490,754.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $31,646 above what the ratio math suggests (6.4%).
Step 4 · The tax rate — same for every Middletown home
$0.990 Schools · 61% $0.195 County · 12% $0.429 Town · 27%
This home's own bill implies $1.485 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Middletown sale · assessed ÷ market
71%124%
Paying about right
This home's ratio lands inside Middletown'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 |
|---|---|---|---|---|
| 75 OHIO AVE | 2026-02 | $667,500 | 1,389 | 89.4% |
| 210 RARITAN PL | 2026-05 | $525,000 | 1,490 | 101.3% |
| 120 SHORELAND TERR | 2026-06 | $535,000 | 1,545 | 95.6% |
| 3903 BUCKINGHAM CIR | 2026-04 | $565,000 | 1,451 | 85.5% |
| 2303 BUCKINGHAM CIR | 2025-02 | $458,000 | 1,468 | 97.2% |
| 40 GOLDEN EYE LANE | 2026-06 | $699,000 | 1,492 | 106.0% |
| 39 YORK AVE | 2025-04 | $405,000 | 1,264 | 119.1% |
| 87 BAYSIDE PKWY | 2025-02 | $390,000 | 1,280 | 108.8% |
| 1604 BUCKINGHAM CIR | 2026-04 | $483,000 | 1,468 | 87.9% |
| 902 BUCKINGHAM CIR | 2025-01 | $435,000 | 1,468 | 100.0% |
| 31 MONMOUTH AVE | 2026-02 | $616,000 | 1,468 | 88.0% |
| 3202 LONDON CT | 2025-01 | $480,000 | 1,493 | 100.4% |
Is this your house?
Run your own report →